Esteemed BP readers,I recently posted my first question and was happy to read everyone's posts, thank you very much :)My question has to do with a potential cash out refinance on a 4 unit building in Los Angeles. Sho...
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I just bought my first rental property after 3 years of chickening out (whaoo!!), but now it's tax time.I see on lots of sites (including IRS Publication 527) that you can deduct your initial mortgage fees (originatio...
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Pretty straightforward I guess...I'm just not very familiar with owner finance offers and was hoping some more experienced folks might be able to offer an opinion. Here's the numbers:Purchase price: $135kARV: $190kRep...
So I am working with a seller that is open to seller finance, but they need 10% down payment. I am wondering how it would work if I use a private money lender for the down payment and how I would structure the seller ...
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I am a newbie investor and I have a seller finance deal in the works that’s looking really well, I was wondering how do you make the monthly payments? (Principal,interest, taxes, and insurance) Usually with traditiona...
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Hi, I'm 23 and new to real estate investing business. I live in Ontario and would like to buy my first multi-family house in the near future. I've read a lot of the threads on this forum and there's a lot of great...
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Hello Bigger Pockets family! So I want to get started into buying rental properties and would like to know if any of you guys have purchased a unit or more through seller financing? If so, how do you structure it? Do ...
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Hello,
I have a 5–10-unit apartment building under contract in Plymouth County and I'm looking to see who people have been using for lending both private and bank lenders. It's stable but will be around 1.0 DSCR day ...
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I posted this on the commercial investing forum but haven't had much luck with responses. Maybe someone who works in commercial financing can help me out? I'm looking at a 100% leveraged deal on a 6-plex in a colleg...
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Hello I know that these loans have predetermined payment schedules for every month of the 30 yr note. My question is what if I make a large principle payment? Will the large principle payment allow my next regular pay...