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I am looking at purchasing a duplex for 100k. The seller is an older man and wants to do owner financing so that it will continue to give him income from the property and he will make a profit from it. However, the se...
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Hello,I am a new investor and I am looking to purchase a 4 unit multi-family in PA. I have two options to purchase this property, please let me know which option you would choose and why?1) Purchase the property with ...
Hello Everyone, I am a long time reader. I recently created or updated my account, so now I am back! I recently sold a large parcel of land in the beginning of March. Do to this virus stuff, I guess the title company ...
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Hi BP Community,I am new to renting to Section 8 tenants and have a question on the inspection process.I received a notice that an inspection was performed on the unit and that it failed for a few reasons. I was delay...
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I've read that when you pay above your normal mortgage payment each month, the extra amount is deducted directly from principal. Is this true, and do all lending institutions follow this?
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Investment Info:
Single-family residence note investment investment in Kendallville.
Purchase price: $18,500
Cash invested: $23,000
Sale price: $35,500
Case Study of our Kendallville, IN CFD
I...
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Hi everybody,I have a tenant who did not pay her rent on time. She was aware of the late fee and she agreed to pay it. However, when she sent her payment, she only paid the rent, not the late fee. She said she will...
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I am working on the deal of multi family .It's my first deal on multi family . The asking price is $350,000 and seller will cary back $50,000 with 5% interest and 3 years balloon .Can anyone help me calculate the pay...
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While searching for properties, I found a guy on Craigslist in FL looking for private investors. His name is Peter Sturnialo and his business name is NGS Business Opportunities LLC. I sent a message and then spoke wit...
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I have a deal under contract and quickly pulled the trigger with a hard money lender to get it fast. Now I am a little concerned with some things written pertaining to the hard money loan. Here is the list given to me...