Michael Dunn
Down Payment
Could someone who has any knowledge regarding the way in which a states Down Payment Assistance programs work.....I am wondering particularly about Mississippi's down Payment assistance program, and what determines if...
Brady Lee
Down payments
So I am looking at getting my first vacation rental property, I have found a few great properties and started talking to a loan officer. They said I need a minimum of 15% down but I would prefer the 20% to avoid the P...
Chuck Drinnan
Last Payment
I am in a process where I will lose my tenant. What can I do if he doesn't pay the last month payment.
Robert Shadley
Late Payments
Hi All,I have a section 8 tenant that inherited when I purchased this duplex in February. The first couple months he paid his portion of the rent on time but over the last three months he has paid it later and later ...
Jesse Valle
Lower payment (primary) or investment and higher payments?
Hello,I’d like to become a real estate investor and I have approximately 70k to play with. However, I’m debating between 3 main options:A) Buy a primary residence with a higher down payment and lower my monthly mortga...
Michael Cavalli
Retirement for down payment vs. receiving annuity payments
Hi everyone. My wife and I want to take action and purchase our first rental. It will be for my son first and then my daughter as they go through college. (My son needs a place this fall, and my daughter will when s...
Danren Jones
Interest only payments vs. principal and interest payments
Hey BP family, I was wondering which was better. Interest only payments or principal and interest payments For a private loan on a multi family property. Assuming that the interest rate was the same for both loans a...
Jacqui Dolan
Contractor payments - do they expect some upfront payment?
I will be rehabbing my investment property (property manager will oversee) and am wondering if contractors expect some upfront payment (e.g carpet layer to buy carpet, cabinet maker for kitchens). I currently have a s...
David Idi
Affidavit for Subsequent Payment Form for Lien Payment
Do you know where we can download an Affidavit for Subsequent Payment Form for the State of New Jersey Tax Lien Payment(s)? We hold New Jersey Tax Lien certificates from 2018 which have not been redeemed. Unfortunatel...
Evan Swanson
FHA - Lower Down Payments Cause Unaffordable Monthly Payments?
I've heard that FHA loans are a good place to start for beginners because of their low downpayment. However, I'm confused on how lower down payments help those with limited capital because the monthly payments are con...