Juan Vargas
Down payments and lenders
Wondering if there’s some creative financing way to come up with down payment before purchasing the home. Or possibly give me some ideas on how you all did it when didn’t have money laying around.
Monique Robinson
BRHP - payment from tenant
When you have a tenant with BRHP do you have their portion of the rent paid to you directly via check or credit card or do you do a direct deposit? As part of the leasing agreement can property management company requ...
Kyle Brown
Down payment for duplex
Looking to purchase my second duplex and my lender said I need at least 15% down. I don’t have that much cash to put down, but want a conventional loan with no PMI. Is there another way to finance where I only have to...
Dana Vijum
Rookie Down payment question
I have found a rental property in a desirable area of Phoenix AZ and have made an offer on it. Since I am a new investor, the bank is requiring 30% down plus closing costs.The loan will have a fixed 4.82% APR for 30...
Joe Stout
HELOC Interest Only Payments
Good morning, wondering why my co-worker is paying $700 in interest only payments but has been told that he can't take out any money from his $130,000 Home Equity Line Of Credit (HELOC). Don't you only need to pay on ...
Cody O'Connor
House Hack Down Payment
Hi Everyone - I am looking to do my first house hack in New Jersey. I want to purchase a multifamily unit that has one 3/3 and one 3/2. My understanding is that I would be able to do this with 5% down, but I just got ...
Michael Barnard
Calculating Private Lending Payments
Are there any tools I can use to figure out what my payments would be based on different private lending scenarios? Essentially is I borrowed 80k from a private lender I want to know how to figure out what my payment ...
Shemar Ricketts
Delayed Payments after closing
I’m sure someone has already asked this so I apologize in advance.My question is, is it possible to buy a property and not actually make a mortgage payment until 6 months after closing?
Jimmy Epolito
Contractor Payment Schedule Question
Hello Gang, I am closing on my first flip in Columbus Ga this Friday and I need to put together a contract for the GC who is overseeing the project. I am wanting advice on percentages to pay upfront and during the pro...
Stetson T. Stallworth
Low Down Payment Option?
Hello all!I just purchased my first fourplex and I've learned a TON! We've set up an awesome little pipeline where we already want to go get a second!THE ONLY PROBLEM...My partner and I just don't have the capital to ...