Eric Schrader
HELOC impact on rental Calculations
Hi allI have been getting some great feed back from this community. THANK YOU...If i use a HELOC for a down payment for a rental property, how do I account for that carrying cost in the overall financial analysis of ...
Tom Donnelly
Seller Won't Provide Payoff Figure to Title Company
First, I am anticipating this scenario, it hasn't actually happened yet. I purchased a house 18 months ago with seller financing and theres a 24 month balloon. I have a buyer for the property now. Based on emails with...
Beau Griggs
Owner Financing Deal
I have a deal going for two rental properties with owner financing. The terms are that he'll carry the note for five years with 6.25 ballon 15 years amoratized and no repayment penalty. I think I understand the terms ...
Brian Goodling
Seller Financing with $0 down!
Investment Info:
Mobile home buy & hold investment in Fort Mc Coy.
Purchase price: $51,900
Cash invested: $5,500
A quiet and rural 2/2 manufactured home sitting on 0.7 AC. Bought using seller fin...
Kris Benson
Evaluate My Term Sheets from my Lender
BP Team,
Our new multifamily development project was approved via the Common Council of our municipality last week. We are good to go to begin our engineering study and submission of architechtural plans. I...
Justin B.
What's Up with the Canadian Market Eh?
Canada's been in trouble it seems with Buffett buying out their distressed mortgage holder, Home Capital Group. https://www.nytimes.com/2017/06/22/business/dealbo...But now there's some cracks that look like the count...
Saran Mandhadapu
Financing quote from a bank -- is this good???
Hi,I am purchasing a multi-family unit for $175,000. Here are the loan terms I received from a bank, please let me know if this is good in current market. This is a commercial loan.Interest Rate fixed for 5 years = 4....
Ashley Russell
Logistics for first private money deal
We are doing our first private money deal so we can pay cash for a property up front, renovate and then apply for a conventional mortgage in our names and pay our investors back.
The investors are family. How should...
Dan Wynn
Buying properties is no easy...
Buying properties is no easy task because the monthly amortization can be heavy on the pockets. And when word gets around that a particular friend bought properties, it is considered a financial success and a life upg...
Eugene Nilus
Who is currently working on seller carry back deal?
Hey friends,Who is closing multifamily deal with seller carry back at a moment or is closing soon?What does the deal look like and how do you structure it?