Jack Tucker
1st Owner Finance Deal- is 5% 20 yr am, 10 yr balloon good?
OK... been doing lots of cash deals, but never have bought an owner finance deal.I have found a quad at a good price.He prefers to owner-finance the deal for $75k at 5% fixed interest, 20 year am with a balloon at 10...
Matt Frey
Is there a 1031 exchange equivalent in Canada?
Hi,I have been trying to find the equivalent law in Canada of the 1031 exchange in the US. What I have found, under the income tax act section 44 and 44.1, Canadian's can have their gains rolled over into other proper...
Frank Ventresca
Dscr refi? 40 yr 10yr IO
Hello
Hope you are well
Is it worth it to refi? I’m claustrophobic about the IO and wondering if I need to make a switch. Other dscr refis put me at a higher monthly.
Appraised Value $700,000.00
Sales Price $680...
Account Closed
Case Study: Pricing a 2 BR in USVI St Thomas
I wanted to share some pricing data for a 2 bedroom on St Thomas Island in the USVI and what I did. Hopefully sharing this is either entertaining or educational for you. Maybe both!
Here's an example of what I mean: ...
Maxwell Jacas
PLEASE DISPROVE MY STRATEGY!!!.... I need critiquing...
Goal:
Retirement for my wife and myself by the end of 2020. (ie. $7000/monthly cash flow)Plan:
Purchase and Hold inexpensive duplex properties primarily in the florida area.Breakdown:
Year 1-savings and credit b...
Gilles D.
Seller financing mindset
Hi everyone,I currently own a home outright that almost doubled in value over the past 5 years. It shot up from 750K to about 1.4M based on current comps.Now, I am considering seller financing on this home as I'm clos...
Brian Hosier
What's a Good Cash-on-Cash Return?
I know many investors are glad to get an 8% CoC return on their properties because it's still better than most other investments and it's a whole lot better than anything you can get from a bank or savings account.
H...
Marty M.
Very Long Introduction From NC
Hello!
I have been lurking for a couple of months, so I thought it was a good time to finally introduce myself. I live in Fayetteville, NC. I spent eight years as an infantryman in the Army and then went into correc...
Gustavo Juarez
$80k on hand but bank says DTI too high to finance , now what??
Hi all, so my dad recently did a cash out refi on his only rental property and pulled out 80k. He wants to invest by buying BRRRR properties. His plan was to use the funds to put down 20% on two 100k rental properties...
Matthew Truty
College Real Estate Investing?
Hey all! I'm a 20 year old sophomore college student and am just getting back into the swing of learning about Real Estate investing via Bigger Pockets and Brandon Turner's The Book on Rental Property Investing and wa...