I have come across an opportunity to purchase a rental home from a friend. Currently has a long time tenant (8 years in the home and re-signed another year lease in December) paying $1600 per month. The house is value...
I have 28 off market smaller apartment complexes 8-28 units each that i found off market that I want to send direct mailers to. In MA the cost of properties this big can be in the millions. How can I, after i send out...
Hi, I'm refinancing my home and have drafted a buy-out with my ex- through a promissory note with a payment plan with interest. His legal documents have come back request to get a mortgagee's title insurance. My lawye...
Hello BP nation. Question for those with experience and or knowledge in the process of BRRRR. This might be a crazy question but is there a reason why people do not use a HELOC vs. a refinance during the BRRRR proce...
Hi folks, my wife and I are in talks with my parents about buying their house. It's their primary residence that they've owned for about 30 years. At the same time, we're looking to make a group land purchase with ano...
I would like to do a cash out refi on one of my rentals so as to buy another property...once I initiate the refi, do I have to start paying back immediately, or can I set it up and " pull the trigger" once I find the ...
Need some advice on what to do here. Quit my job 2 months ago and I am now self employed as an agent and investor.
I currently have (2) commercial loans (balloon loan) under my personal name and if I cant refi by ...
I am currently confused on how I would exit a seller financing deal that has a 5 year balloon in the P&S agreement. For example let's say the terms state that the purchase price is $380,000, DP is $19,000, Amortiz...
I’ve reached a purchase price agreement for an off market triplex. I don’t have enough money for the 20% down payment at the moment. The seller is aware of my situation and is willing to wait for me to get the money t...
I am currently in the process of evaluating a deal involving a home that has a balance of two mortgages totaling 61k. the previous owner took out a second mortgage to pay off all of his toys. I find with all the defer...