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Results (6902)
David O Smith 50% down at 5% interest with a balloon in 3 to 5 years
8 July 2024 | 6 replies

Hi everyone,

I'm currently negotiating a real estate deal and would appreciate some advice on how favorable this offer sounds:
Price: $3,170,000.0017 units50% down payment5% interest rateBalloon payment in 3 to 5 ...

Melonie McCallum Cash out on home below ARV of $50K
6 May 2017 | 10 replies

Hello, I have a property that has been paid off. Its current value is less than $50K.  I have tried to cash out the equity in the home but have been told that it could not be done as the bank will only consider loans ...

Danny Le Cash Out Refinance During These Crazy Times
25 April 2020 | 6 replies

Hello everyone, I am new to investing and new to BP but am excited to be here!Background info: I currently own a house and did a house hack and planning to hack another part of my house to generate some more cash flow...

Wayne Yahnke 2nd Mortgage Payment doesnt work in the numbers
6 January 2019 | 9 replies

Good morning BP!I’ve been crunching numbers on multiple buy and hold rentals as well as brrrr investments in my area and I continue to have trouble getting deals to cash flow with the 2nd mortgage Loan Payment (down p...

Franchot Tone Resources to Prepare a Private Money Note
21 November 2016 | 6 replies

Hi There- I am a purchasing a property using private money. Can anyone offer suggestions on where to find or create the documents? I couldn't locate any resources. I wish to set up a 1 year  non amortizing note with a...

Mark Weinberg Paying off a Fix N' Flip loan
17 February 2020 | 2 replies

How do Fix N' Flip loans work? When you get the loan to purchase the property and rehab the property, when does this loan get paid off? Does the loan get paid off after I find a buyer to purchase the rehabbed proper...

Dottie Barton NEW TO REAL ESTATE INVESTING
24 August 2016 | 3 replies

Hi, my name is Dottie. I'm new to the idea of Real Estates Investing. I've been talking about it for a good while now, but never initiated to start gathering vital information until now. So!! Here I go! Starting to do...

Frank Bonzai Partnering on FHA loans?
14 June 2019 | 5 replies

has anyone ever partnered on an FHA home?  Is it a good idea?  I'm trying to house hack my first property and am saving up, but would like to purchase something sooner so i can save money on rent.  Since Downpayment c...

Jacob Younger Accepting a "gift" as a downpayment w/ my FHA loan concerns
29 November 2021 | 2 replies

Hello,So I am planning on using my FHA loan (3.5% down) for my first residential/multi family property (4 units or less). I would live in one unit and rent out the others. I know it's possible for me to accept a gift ...

Shane Duncan Will using income to pay downpayment from HELOC pierce the LLC corporate veil?
9 February 2024 | 9 replies

I am closing on a multi-family soon and the mortgage will be in the LLC's name. All income and expenses will be handled by the LLC. The problem is that I am using a HELOC to assist with the downpayment for the loan. I...