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I have people interested in me building them a home and then seller financing the home to them.I'm open to that but I've just never done any private lending, so I'm unsure about terms and rates.Are loans like these ty...
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Hello--I have an interesting opportunity to get my hands on a STR in Puerto Vallarta Mexico, however the seller is looking for all cash. What is the most tax-efficient and cost-effective way to make a cash purchase o...
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Hello,
Can someone please explain refinancing in layman's terms. I am an owner-occupant in a duplex. I overpaid for the property 10 years ago through a closed bid. Anyway, recently i got a letter from my n...
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Yes..and no. Per Statute 494 which governs mortgage lending, an exception is granted to those who lend THEIR OWN money. So--can you lend OPM and stay within the law?My interpretation is YES--provided you lend the mone...
Hello,
I am gearing up to purchase my first deal--a duplex.
I am going to be owner occupying the property (living in one unit and renting the other) so I can obtain FHA financing.
I have been on the search for a go...
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Hello:
How can the new buyer on #Self #Storage assume a #Commercial #Loan? With the new Business Owner/Investor continues to pay the Mortgage with a service company so payments Principal and Interest go to the Bank a...
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Hello,
has anyone structured a deal with seller financing in which you take over the mortgage for the seller? How does the seller benefit or recoup any of the equity they’ve already put into the house?
Thanks for y...
Did you know that if you buy a $400,000 property . . .
In a typically bank financing scenario you put down 20% or $80,000 and finance $320,000 for 30 years the Principal and Interest at 7% is $2,129 and over 30 year...
So I'd like to say I'm following the BRRRR method, but I'm currently done the following, Buy, Rehab, Rent, however, I've never refinanced a home, so I'm not sure what the process flow typically looks like other than s...
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Will hard money lender's or any other unconventional lender lend money on equity of a home alteady owned clear and free? If so is it still based on 60-70% of the ARV with the same points and interest set up?