Micah Grant
Lien holder position in .5 seller financing and 5. Traditional
I am meeting with a seller who is looking sell a multi unit to us on half a .5 traditional loan and .5 owner financing(250,000 for both loans). My question is does the seller become the second lien holder in this scen...
Christian Podedworny
Which Florida Bank/Lender allows owner finance in 2nd position ?
I am in the process of negotiating the sale of 2 potential properties with a seller. He has two quadplexes that are adjacent to my Quadplex in Tampa which he looks to sell for $200,000 each ($50,000 per unit). The t...
Mia Trasolini
Would you buy in a "sketchy" area with positive cashflow?
Any and all opinions are much appreciated!! So here's the situation...I'm an aspiring investor looking to make my first deal, focusing on multi unit properties (mostly duplexes). ... I live in San Diego. Prices and co...
Andrew Holmes
How much positive cash flow do you need a month?
I have often wondered what is rich or well off? I am talking about purely passive income from rentals. Yes it is subjective and will depend on the individual but I was wondering what the BP community thinks. Would lov...
Oleg Reut
Strategy Advice Needed - What would you do in my position?
Hi All! Long-time lurker, first-time poster. I've recently sold my home-improvement business in SoCal, and plan on moving my family to the Tampa/St. Pete area in the next 2 years to be closer to the in-laws. I've alwa...
Michael Gibek
Positive cash flow residential rental mortgage - pay off or refi?
I’m trying to see if I can optimize our financial situation with respect to our rental property that has been cash flow positive since put into service back in 2014. Any recommendations or suggestions are welcome.We f...
Jim Stanley
Can't find positive cash flow in Cocoa Beach FL area
I'm looking to buy my first rental. Here is my thought process:We are looking to move from Denver to Florida- probably Cocoa Beach/Melbourne area in the next 2 years. We will likely keep our Denver house as a rental...
Leslie Beia
Putting My Cash Into 2nd Lien Position for Cash Out
I'm under contract on a great BRRRR that I plan to refi into a conventional homestead, househack for a few years, then sell as a slow flip for tax-free income! This purchase was made possible by a refi I did on anothe...
Ben Einspahr
Denver MTR House Hack at 6.99% Int. Rate. Cashflow Positive!
Hello BP Community! Want to highlight the details of Bartleys first house hack purchased in April of 2023. Bartley was ready to move! From the time we connected to the time he was under contract was less than 7 days!
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Edward Moore
Lenders who allow current seller to be in second position
Hey all,Does anyone know of any lenders in the Charlotte area who allow the seller to be in second position on a loan for a rental property? To use as collateral for the down payment. Thank you!