I have a private money lender that is asking me what is a typical interest rate for a 50k loan. I want to borrow it for 6 months and I live in Atlanta GA. Any suggestions?
There is a 4 bed room 2 bath home that I am looking at purchasing. It is set up like a duplex as there are 2br/1 bath on each floor. My costs after mortgage/ insurance/taxes would be 2,987.18$ per month with a 7.125%...
Unsolicited phone call offering to buy a condo I own 500 miles away in Texas panhandle. Price is probably above market, 17k down finance 75k @ 3.8% 35 yr amortization. 3 year balloon. Also offered cash at 30k less...
Hello Fellow BiggerPocketers!
We are new to investing and are looking to take our first step, but need help on the direction we should go!
Here's the situation:
We currently own a house and our loan is $320,000 bu...
Background: I am in the process of buying a business. The business purchase will be funded by an SBA loan and is in the same industry that I already own another business. I am very comfortable operating in this space ...
Hey all, First post here on BP, so hopefully you can help me out! The owners of the house across the street (previously rented) from our primary residence is being prepared for listing, but I approached them today to ...
I'm looking for advice/ideas on the best way to access the Equity we have built up in our portfolio. We have 5 small multi-family properties, all financed with traditional 30-year fixed rate loans locked in sub 4.75%...
HelloMy husband & I are in negotiations and need some help deciding if this property is worth the money at this point. We learned that there are several things in need of maintenance that we were previously not aw...
Hi BP! Say I have a property that's 100k (including all closing costs etc). Say I could comfortably purchase this property with cash only.I obviously don't want all my money to be tied down in this property, so I want...
Hello, I am resident of San Antonio, I own my home and I am looking to invest in SFH rental properties. It seems like with the current market it will be difficult to obtain more than $150 a month in cash flow. Purchas...