William Li
Can I ask seller to finance a part of the deal while I obtaining a conventional loan
Hello BP community, I am looking to purchase several newly build duplex from the developer. I am planning to use either conventional loan or DSCR loan to finance the majority deal. If possible, I will also ask if sell...
Latasha Shipman
Seller Finance BRRR or ...
Scenario: Structured a seller finance deal, Terms: $10,000 down, purchase price 32,000, 3 year balloon payment, 6% interest. I spent $21,000 in rehab, home has been appraised for $114,000. Although, I have someone w...
Brandon Wallace
BRRRR Confusion! Please help!
So I’m looking at buying my first house and would like to use the BRRRR method. This is a 2part question. 1. Does the BRRRR method work if I buy a duplex and plan on living in one of the Units?2. Is it a must that I p...
Account Closed
Investment Property?
Hi I'm 17 years old and I'm look to buy my first rental property in the Phoenix area. What I need to know is how can I buy a house at 18. I have the money for a substantial down payment but I'm not sure what metho...
Mel Guarin
Down payment options?
Hi y’all, I live in California and am currently in the market to purchase a home. However, the percentage of a down payment on property in CA is high. I’ve been saving but Id really like to avoid putting 20% down if a...
Jerrell Randolph
New Investor financing options
Hi BP community I am a fairly new investor. I have two rental properties through the VA loan being military. I want to obtain more properties through other loan products but unsure where to start. I do not have to muc...
Nadia N.
First Deal Financing
Hey everyone! I’m in the beginning stages of trying to figure out a game plan for the purchase of my first rental property and looking for some advice.
My original plan was to BRRRR a LTR using the money from a HEL...
Sam Tright
Dual partialling and hypothecation of a note
I will create a note during an owner finance sale. I want to partial 15 (out of 30) years payments and also hypothecate it at 50% LTV.I know you guys see issues with this so let's try and talk them out to find solutio...
Sal Montefiori
Financing advice – Please!
I went to a mortgage broker last week in hopes to get pre-approved. The broker suggested the banks would not approve me based on my work situation and DTI. I am a salesman and have been working in my current job for...
Steven Mecke
Advice on Finding Private Money
Hey everyone! Do you have any advice on finding private money lenders? I'm in Utah and having trouble finding private money lenders that will lend especially on down payments for short-term rentals. Any advice on find...