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Is the main purpose of owner financing for someone to get into a property quickly and refinance or sell after some brief time. Most of the owner financing I came across have terms with a balloon payment after 2 years...
I've been renting my house to a friend and his wife for the last 2 years. That was a mistake. They were always late, had dogs, chickens, painted rooms absurd colors, and got paint everywhere. About 2 months ago I s...
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Hi, I'm new.I want to make sure my math is right and that my cost numbers are in the right ballpark so that I can estimate cash flow before I buy my first property.For practice I am looking at this one: 6432 Clark Rd,...
So my family has been involved in commercial real estate for a while. More specifically, we've bought and converted two hotels that we converted to other brands which we went on to sell. We've also built one from the ...
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Hello,I am trying to find a solution to do a cash out refinance on a property in Nevada purchased 2 years ago, recently appraised for $192k and that does not currently have any mortgage on it.Because I own more than 4...
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Hey Everyone,This is my first (long overdue) post on BP after finding it about a month ago while reading everything I could find on real estate. First off I want to thank everyone who posts here. I have already learne...
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Summary question: How would you allocate by extra money saved from my paycheck by percentage between 1) stock piling cash for a 3rd rental property 2) paying down existing mortgages ( I currently own 2 mortgages that...
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Im interested in 2 two family homes in glens falls ny. The seller is a landlord who is looking to retire and is willing to hold a note on the 2properties. He wants $135,000 each with 10% down and 4.25% interest for 30...
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Hey fellow BP folks! I am excited as I just locked up a small MF deal in Columbia, SC. Came across the deal on the MLS by happenstance and couldn't believe the numbers. At a cursory glance, the conservative cap ra...
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I had a very poor experience with Phoenix Home Buyers Club (www.phxhbc.com), and I wish to share it with others. Don't be fooled. Phoenix Homebuyers Club is *exactly* like the other homebuying companies out there. D...