generally saving for real estate so I guess it’s kinda similar, Looking for business loans advice I wanna finance equipment ie.. ring saw and an excavator, is their a maximum for lease portion of the loan or is it...
I’m new to this industry! I’ve been soaking up as much knowledge as I can before purchasing my first property. I’ve been going over the types of loans and I came across an interest only mortgage. I’m curious to know h...
Hello BP,I am working on a deal with a seller willing to owner finance a 6plex. As part of my terms, i am asking for 12 months interest only at first and then start paying off the loan to the seller with interest. The...
Hello, I am curious if Interest only payment lenders exist in Canada, more primarily in Ontario. I am not referring to hard money lender who charge 8%+ but some what comparable in 3-5% range. Not that I need it, but s...
Hello my fellow bigger pockets tribe! I certainly hope everyone is well, especially during these historic times. I’m curios to know- What Financing option do you use for your BRRRR ? What are the typical term(s) of yo...
What are your thoughts on interest only loans for buy and holds? I see the plus as more cash flow, but the downside of no principle paydown. My thought was that increasing cash flow in the growth stage of a portfoli...
Hey everyone! So for those of you who’ve followed my previous post on getting my first rental property via seller finance, I wanted to follow up and get some insight on some of the terms we’ve agreed upon and accepted...
Hi everyone,
Got my HELOC on my primary last month and just made the first payment. It turns out my loan terms during the draw period are that my minimum payment is 1% of the balance. For some reason I thought it wou...
Hoping someone can help me shed some light on this. It may be something interesting or it may be something I don't want to touch with a 40 foot pole...I've been looking for commercial financing, came across a website ...
What's peoples opinions on fixed rate interest only mortgages? These are loans that are interest only for a period of time (10 to 15 years), then switch to principal + interest. These loans are usually ARMs, but I'v...