Hi BP! I incorporated last year, and I don't think my personal income will do me any favors for getting financing (meaning it's low). My business generated a fair amount of income, and my rental property might generat...
I am new in Real Estate and was approached by a money lender in a FB group page. He told me he could finance my first real estate deal at 4% on the loan. I liked the interest rate but I asked him what were his terms a...
I got bored at work today and started taking a look at my options on my FHA loan.
Short background
I have an FHA loan on a duplex that I own. I paid $165k for it in 2011. My FHA MIP is just a hair unde...
I am not into real estate yet. I am still doing research. I am also a beginner in investing. I have some small investment accounts.I have 30k in student loan debts, a car loan and mortgage.If you had 40k to either inv...
I am looking to structure an owner financing deal. Here are the number:Purchase price: $320,000Amortization: 30 yearsInterest Rate: 5%Balloon payment: 3 yearsMonthly payment: $1717.00How do you structure/allocate you...
Hi all,I am trying to buy my first property. It is an out of state investment property owned by a bank. It is a multifamily dwelling that had poor management and needs to be turned around.Here are the terms being offe...
Do you have to set a purchase price dollar amount in the lease option. Can you state that the purchase price would be the average price between two independent private fee appraisals done at a set point in the future...
In my search for properties, my goal has been to find what besides price is making a seller want to sell. Quite frankly, I haven’t been very successful at that. I’ve found more properties where the current owner is ...
I'm new to Realestate investing and am in the process of closing on my first rental. Since then I've learned of the brrrr strategy. My main issue is raising the initial capital to begin the brrrr with a second house. ...
I have been talking with my mother who has been working civil service for the government for over 20 years. On one of the podcasts I remember hearing how u could buy properties in a self directed IRA and was wondering...