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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I am a new investor from Denver looking for my first deal (probably out of state). I don't have much in the way of personal funds to start investing, but I probably have around 75k available if I were to take out a HE...
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I wanted to reach out to the BP community and lean on you for advice and to learn. I have a client (I'm a licensed RE agent) who's home I am selling. I was just approached from a neighbor who is interested purchasin...
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What kind of interest rate and terms would you look for on $50k for my down payment on a deal. Maybe I'm asking the wrong group here. I have 3 single family homes that I've purchased on my own with 30 year fixed finan...
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Seller has offered to finance his 600k property with the following terms:
10% down payment and 6 percent interest rate. The goal is to wait for rates to go down and me refinance in 3 years for a better rate. The goal...
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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 have some equity in my current residence that I’d like to use as a down payment on a long term rental. Would the average lender be against using a HELOC to do this? How would it affect my debt to income?
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Hi BP,I would like to do a survey of investors who have more than 10 properties and have bank financing. What are the terms of your loans? The banks/credit unions that I have been talking to in Omaha, Nebraska on ...