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I have come across a pretty good portfolio (56 units) deal. I have done my due diligence and gathered all the necessary numbers, ran it through the calculator offering full asking price and with no debt service incl...
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I've been pursuing a potential owner financed package deal for three properties, 6 units total. The seller is working through an agent. From what I know so far, the seller either owns the properties free and clear o...
Hey BP Folks! I've been VERY trigger shy over the last few years, and as a result missed out on a few good opportunities. I have one in my lap now that I think is a go, but still a bit paralyzed. It's a 3 family, two...
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Hi,My neighbor is, unfortunately, getting too old to maintain his property, and has decided to move 5 miles away to a new house that requires less maintenance (no trees on the new property). Here is what I know about ...
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Hello,
I am looking for some thoughts on my recently crumbling real estate journey. My partner and I own 2 properties. We bought our most recent property in May 2023. In October 2023, I had a baby. Within the same m...
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I'm thinking of selling my personal residence on a wrap, but I wanted to see what you thought about these approximate numbers (rounded for simplicity):
$140k sales price
$30k down payment from buyer
$95k owed on my ...
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Hello everyone, hope you’re all safe and healthy.Does anyone have an excel sheet or a software they can share for amortization schedule that reflects monthly change in principal/interest payments based on extra monthl...
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What is the difference between loan servicing and loan origination?
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What are property management companies responsible for? I know they manage the maintenance and the tenants but are they responsible for the finances as well?
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I have a 30Y fixed mortgage and want to start attacking it for my primary residence. When I pay off over the monthly payment, will this reduce my interest expense paid over the life of the loan?