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I am doing a deal where I am lending 90K to a group. I am looking to attach a 30K mortgage to three investment properties they have with sufficient equity.Any idea on how much this would cost?They offered personal gua...
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Hello everyone. Has anyone bought a property with their Self Directed IRA, using private financing?
If so, where did you get the actual note? To clarify, I have the funding lined up but realize that I must obtain a N...
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I heard an investor on a call say it's best to have some debt on properties for protection. There wasn't time to discuss in detail so I'm asking you all fellow investors about this. What's your perspective and why? I ...
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Hi BP community!
I'm a new investor in Southwestern Pennsylvania, I'd really like it if anyone could share some insight on what they'd do in my situation... Here goes!
The house is in Charleroi PA, a small town ...
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I'm looking to purchase my first 4-unit property using FHA financing in the Phoenix area and I had a couple questions/comments that I would love some feedback on if anyone has any insight.1) Is now a BAD time for me t...
hello, I'm 27 and been reading every real estate book, podcast, and forums I can. I need advice on what to do with funds i have for investment. Been looking for 2 years now in Philly and I've always been very close to...
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hello, If I am the owner and sell a property by owner financing it / carrying the note; can I still do a 1031 exchange? For example, lets say that that I own property and buyer pays me $50,000 and i finance $50,000 ...
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For all the seller agents/sellers out there, what is information you would like to know up front prior to considering a potential buyer to entertain seriously? DTI? Credit score? Properties owned?
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Hello,I have a property under contract that I want to add another bedroom and another bathroom above ground. I had a plan to add them in the basement but this is not giving me enough value into the ARV so I decided wi...
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I need help with a hard money contract that I am about to sign. I need to make sure that it isn't a scam. This particular lender doesn't use collateral for his loan. He uses insurance and there is an insurance fee tha...