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2 properties for sale in the same neighborhood. 1 is 45,000 the other is 49,000. Tax assessment of both is 10,000 lower that the asking price. The offer made is: He, (the owner) will sell both for &5,000 cash and...
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Hey BP members
I'm looking to finance a property in CA looking for a foreign national loan but hoping to put down 20% deposit if possible. From what I see most lenders like 30% down...
Thank you
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Hello!I bought a house for $22,500 with cash of my own (since I didn't find a private lender on time) and sold it for $55,000 as-is with owner financing. My plan, BEFORE I sold it was to get a private lender to lend m...
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Suppose I have $1,000,000 loaned to a dentist to finance his medical equipment (decent credit background). The payments are due monthly over 5 years (60 months). The monthly payment is $21,247.04 for the life of th...
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I need help asap. Not sure which board to post this to. I'm under contract to buy a 6-plex at around 60%-65% of its actual market value. However, it was contingent on my other property selling, because I need that mon...
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Im looking to find a resource to buying nonperforming notes. Any recomendations?
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Hi-Let's say me and a friend want to buy a SFH to live in together instead of renting. I know the typical response is "NO GOD NO don't buy a property with a friend." :) Let's set aside the 'don't mix business with fri...
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I own a couple of rentals and have a > $1M net worth.Probably 60% of that NW is in retirement funds with the other 40% being in cash, brokerage accounts, equity in properties (approximately $100k in equity).I have ...
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I need help with a hard money contract that I am about to sign. I need to make sure that it isn't a scam. This particular lender doesn't use collateral for his loan. He uses insurance and there is an insurance fee tha...
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Hello BP! I would like some recommendations if you'd be willing. I have a possible opportunity to get a huge portfolio 100+ units under a Master Lease Agreement. I've run the numbers and it grosses 600k+ per year in r...