Ballpark...
What kind of loan can I expect to get with a credit score of 653/653/684, $120,000 in available cash,to put down, an annual salary of $112,000 (72 in salary, 40 variable comp), have been steadily...
Hello All,
I was wondering if anyone might direct me towards a resource that goes over how to structure and set up a seller carrying a portion of the purchase. The purchase will be a multi unit / apartments ...
HI have offer in on fnma homepath property was going conventional but wondering if i should consider homepath financing because i would only need 10 percent down instead of 20. and no pmi or appraisal. But heard they ...
Hey BP,
I am talking to a portfolio lender to hep get my 2nd deal financed. Can you guys help me translate this info that he sent me??:
10% down
Interest Rate: 3.925%
Origination Fee: 0.25%
5/1 ARM
30 year amortiz...
Hi BP Pro Community, I'm interested in a property that has advertised seller financing. However, the seller is requiring 42% down, which is the pay-off the existing mortgage. I understand the seller doesn't want to tr...
Hi All, I am looking at a great investment property plus land I would like to grab however not sure if the banks would finance it. I already have a house that I currently live in but not sure if the bank would let me...
Could someone explain owner financing? My understanding is that you find a great deal, use private or hard money to fund the deal. Market for residents that can't go to the bank so they come to you, they put down a n...
I have another Multi Family 6 unit in an LLC (looking to buy) also has a private loan for a little more than half. May be willing to finance the entire thing. If not though is it easier to get a loan in the llc since ...
I've heard of negotiations going on for 6 months to a year. As an investor, do you have it under contract the whole time?Thanks
Hello group, I have two houses that I purchased outright for rental property. The houses are both rented and have a two year lease. I am thinking about selling them, with owner financing. Would like to work with a...