Rheis Cloutier
Financing through HELOC
I have been considering for a long time investing in multi units. When I first started looking, I looked for a few years but just ended up buying a single family home that I currently live in and have for multiple yea...
Armando P.
30 Year Mortgage vs. 15 Year Mortgage
Hello Fellow BP member. I’m a licenced real eatate agent In NY, and new real estate investor. I have a question that might sound silly and easy to some, but as a newbie I want to make sure I do my homework and make th...
Colin Smith
Cars - Pay Cash or Finance & Invest?
My wife has finally ran her 1999 Volvo into the ground with the transmission going out and it would cost more to fix it than the car is worth at this point in time. Let's be clear that we are looking to buy a 3+ year ...
Steve Christensen
Contract For Deed Questions
When doing a Contract for Deed, how do you protect yourself, as well as anyone you place in the home?How do you prevent the Do On Sale clause from being exercised?I see many people promote doing deals in a creative wa...
David Montore
Seller Financing Question
My sister-in-law and her husband are about to put their house on the market near Ft. Riley, KS instead of renting it out because they’re tired of the hassle of scummy tenants. I think she’s in the perfect position to ...
Ulysses Arreguin
Buying young
Hello BP Forums Im a 17 year old high school student and I am planning on purchasing my first property this summer when I move out for college (Visalia area) and was hoping some of the experienced buyers on this websi...
N/A N/A
1st x hm buyer question...
I realize my question is about home buying, but I view it as an investment vehicle as well.
I found a condo. Four story building on the fourth floor in Queens, 5 minute walk from Subway, 20 minutes from Manhattan on...
Scott Ellis
Repaid HELOC - Does it need to season?
Here's my scenario with hypothetical numbers. I'm in Spokane, WA.I have a $50K HELOC that is maxed out. I have a personal line of credit for $50K with a $0 balance.I can use a HELOC for a down payment on a convention...
Jack Rengold
what way to do lease option?
is finding qualified tenants the easier part of the whole transaction?is one type of rent to own better than another?how do you do them
Todd Bullinger
Lease option creits
I have a property that I'm looking at doing a lease option with. My question involves the monthly rent credit.
Monthly rent = $575
Rent credit = $150
Total monthly payment = $725
Agreed sales price = $62000
Initial ...