Jacob Pereira
Forbearance benefits and downsides
I've decided to use the forbearance option on all of my properties due to COVID-19 related hardships, and it has really helped to pad my bank account. A recent conversation with a client/friend of mine made me questio...
Yuriy Grytsulyak
House flip calculation
Good day all, could you take a look at my flip calculation below? I am working on my first deal and want to make sure that at least on paper it looks ok.Purchase price 85k, rehab 50k, arv 190k. Hard money loan 55% of ...
Patrick Sears
Best accounting software for note business
Hello,Just curious as to what everyone is using for their note buying/selling/originating business? I'm currently using Quickbooks 2007 for my rentals, and have been thinking of updating to the newer version to go al...
Martin Lim
A tale of two Properties. Which is better investment?
I know there are many factors that determine "a good deal". Recently came across two very different San Diego properties. And as a noobie, wasn't clear which is a better choice. Was wondering what everyone though of...
Kyle Southard
USDA Rural Business Loan Guarantee vs SBA Loan Guarantee
Greetings,Does anyone have experience using the USDA Rural Business and Industry Loan Guarantee, or the SBA Loan Guarantee? Bottom line: trying to figure out which one to use with a wedding planning business's purchas...
Renee Ren
Is 100% financing possible?
I recently came across some private lenders claim they can do 100% financing of the purchase price. They only charge 4-5% interest rate and no points. The loan terms are from 3 months to 30 years(interest only). It so...
Robert Sprague
Using HELOC to buy property in cash
Hello I am currently in the process of buying first rental property and I have secured funds using a HELOC. Was wondering if I use the HELOC to pay for property in cash then get a conventional mortgage to pay back the...
Brendan Clake
Need Advice For First Time Investing
Hey all, my name is Brendan and I am 17 years old. I have been interested in real estate investing for quite some time now but as I am only 17 I haven't had the opportunity to get out in the field and try it out. I ha...
Hadar Orkibi
Seller Finance Question: P&I Vs Principle Reduction Payments
** Seller Finance Question** HI Guys, Im working on possible deal and the seller is willing to finance 85% of the price. His reason is that he doesn't want to pay income Tax or depreciation recovery. (Sold a business ...
Gary Marcus
Funding deals with HELOC
I have a heloc for $120K. I’m trying to figure out the math regarding buying power. Can I buy a property with a mortgage putting only 20% down and still make money needing to pay back both the mortgage and the Heloc?...