Akshay Bhaskaran
Seller Financing @ 2% with 15 year Balloon
Newbie here trying to learn Seller-Financing. So, I came across this deal in Texas, and here are the numbers:Seller financing:- Purchase Price: $285,000.00- Down Payment: $40,000.00- Interest Rate: 2%- Amortization: 3...
Quentin Johnson
SubTo on a property nearing foreclosure
Hello All, I'm considering securing a property that's nearing foreclosure. The plan is to SubTo but I'm unsure of the deals viability. House was renovated prior to the initial purchase. It's move in ready. Original Pu...
Justin Cutler
Lease Purchase Declining Principal Balance
Has anyone structured one of these? Do you have a contract that you've used? I'll run it by my local attorney of course. Basically -
I can buy a property that I've leased for the principal balance at time of executi...
Allen McGlashing
Rent in the form of cash what I need to know
Hey guys so I just inherited a tenant from the property I had just purchased so he's on a fixed lease ending in December. Now I just had an hr conversation with him cause his rent wasn't in the mail so on his lease it...
Evan O'Brien
Seller Financing Refinance
Hello BiggerPockets Community. If you purchase a rental property through seller financing, is it possible to refinance the property into a conventional loan? If this is a possibility, what steps would need to be taken...
Tim Wilkinson
question about short sale viability
Hello Community,I know of a couple properties that have mortgagors in default for a long time. Sometimes they are staying years without paying a payment. In Maine recently, I know a man who lived almost five years in ...
Rhondalette W.
Please advise-15% down or 20% down- gift money issue
I am in the process of purchasing my 2nd and 3rd properties with conventional financing from the same lender. Originally, I planned to put 20% down on both properties because I thought that it was a REQUIREMENT that i...
Account Closed
Note investing vs. buy and hold rental income
Buy and hold multifamily residential property vs. note investing vs. REITs, Pro vs. Con?One podcast I heared Joshua Dorkin mention he was interested in shifting from buy and hold multifamily residential, to note inves...
Jethro Stoltzfus
Paying off my personal home mortgage or saving for an investment property?
Last year, I purchased a home with a 7% interest rate. I made a substantial down payment, so I could potentially pay off the house in about 4 years with my current income. I'm 23 years old and plan to use real estate ...
Luke Davis
HELOC, DSCR, or Conventional?
Newbie investor here looking to do my first actual investment purchase. Currently looking into doing a BRRR or a buy and hold in the FL market. My wife and I have our old primary home that we recently moved out of and...