Darsh Patel
How to pay off balloon payment - Any ideas?
Hi Everyone! I have come across a pretty exciting real estate deal and have worked out terms for seller financing on it. I only have to put 5% down on a portfolio of 11 SFH which is exciting because I could almost dou...
Corby Goade
Purchasing a buy and hold property in another state
Who has done this? What struggles and victories have you experienced?
Augustin Sell
Would this make a good rental property?
Would this property be a good deal? I have read a few books about rental property investing, and after analyzing some properties, I would like to know if this one would make a good investment. I believe that similar p...
Danny S.
Unsecured Personal LOC
Hello friends,Has anyone had success obtaining approval for unsecured personal LOC for property investment purposes (down payment/rehab) in the Indy area? If so, what banks/credit unions have used, rates, terms, etc.?...
Matthew Layne
Is it best to use debt to build portfolio ?
Getting ready to maybe buy my first duplex. My question is I have about a 100,000 dollars to work with. The duplex I’m thinking of buying is 135,000. I am wondering the best way to build my portfolio. Put a lot down a...
Wesley Hoover
Convincing a Seller to consider owner financing
I have a seller who is looking for 575k on a property, but he only wants it in cash. I have a buyer who is willing to go 500k 10% down, 30 year 5% APR with a 5 year balloon loan. The seller will be getting more than w...
Greg Kousoulis
Selling Property With Low Equity Before 6 Months
Hello Everyone! I am fairly new to real estate and this is my first post on BP. My partner and I are looking to fix and flip a property. I know there's a stigma behind selling a property with low equity, but is it pos...
Chryssa Rich
Calculating rental expense
I know a recommended goal is to clear $200/month after all expenses on a rental. My question is, do I count my increased mortgage payment as an “expense”?
I will do a cash out refi to cover the down payment on an inv...
Cassandrew Delicieux
First Real Estate Investment
Investment Info:
Townhouse cash flow investment.
Purchase price: $291,000
I closed on this house using my VA loan put down $1500 got lender credits for closing and got a check of $2000 I also paid $300 ...
Jeff Darger
Next investment after first home via VA loan
I’m about to close on my first home purchase in the San Antonio area using my VA loan, but have found an additional investment property that is already cash flowing that I would like to look into as well. Fortunately ...