Ryan McKinney
Help with the math on a owner carry?
Purchase price $140,000,
5% down= $7000
$133,000 amor. over 30 years @3.75% with a balloon at ten years.
Monthly payment @615.94 for 120 months is $73912.80
What would the ballon payment be? 59087.20????
Michael R.
Seller financing and note Buyers
Well I started buying properties 3 years ago or so and now I am up to 12 houses. When I first started investing I planned to buy and hold forever and live off the cash flow. Now I own most of my properties free and cl...
Doug Spence
Should I refinance for more deals? BRRRR Novice question
Hi all! I'm considering refinancing my first investment property to buy more deals. Here are the details:Purchase price of the home two years ago: 198kCurrently Owe: 151kZestimate (I realize this is not an appraisal):...
Michael Seutin
Need help on PRIVATE FINANCING
First I don't want people confusing private financing with hard money. Here I am NOT talking about hard money lenders but only about PRIVATE FINANCING.
My Question:
I want to have access to 30 or 40k and my ideal te...
Eren Yeager
$766 Monthly Cash Flow, wise decision or not?
So I analyzed a property using the Rental Calculator, assuming the property requires no major renovations, so I'm using 0$ for Renos in this analysis. Here's the numbers Breakdown.261 EAST MAIN ST Welland, Ontario L3C...
Jerry Cima
How is a hard money loan paid back.
You get a hard money investor willing to loan you $125k at 10% for a 1 year term & origination fee of 1%. Doesn't that mean that within the first month you need to pony up 1.25k for the origination fee & about...
Frank Grigus Jr
Refinancing my primary residence advice, what path?
Currently I am getting all my ducks in a row to my path in real estate investing and I am looking for input/opinions on which path to take on refinancing my primary home. Make a very long story short, I am currently ...
Carrie Hallensleben
Perhaps a ridiculous question about seller financing
Hello fellow BPers,We currently own 3 investment properties and just assumed a VA loan after a lease to buy option with the seller for our current primary residence. That was kind of a nightmare but it finally is all ...
Mike Zahniser
Traditional Vs Commercial Financing?
Traditional Vs Commercial Financing?In the last 2 years, my amazing wife and I have purchased 15 SFH and 3 duplexes (21 doors all worth 50-80k each) that we have rehabbed and rented with the plan to hold for ever and...
Jordan Vanherwynen
FIRST Rental Property
I am NEW to this, I wanted to get quick feedback on this "deal". Do you think this property has potential? Thanks