Fred Sams
Interest Only Spread Sheet .... or Calculator
Does anyone have a Interest Only Amortization spread sheet to share:I need to create / model financing scenarios based on interest only loan scenariosWith a known down payment, Loan Amount, Interest rate. The spread s...
Bas DeVries
Mortgage Calculator for Seller Finance HELP
Hi all!Im trying to figure out the financial side of a seller finance deal and need some help.Basically what im trying to figure is a way to make a balloon calculator in excel based of the following criteriaI want the...
Jonathan Napper
1st property. Section 8 Tenant. With actual numbers.
If anyone could share their thoughts on this property, that would be great. It would be my 1st property. I would utilize my "First Time home Buyers card" as I do not own a home. Notes: Investor bought it cheap and put...
Jim Given
Conventional, DSCR or Creative Finance, what would you do??
Hello BP folks! My wife and I were just told abt a property that has come on the market. Love to get your thoughts. It is a 3/1 with a 1/1 ADU . The 3/1 is fully rented for $2900, with a lease just signed and the ...
Derek W.
Fun negotiation...opinions wanted
Today I met with a charming and intelligent lady at her sisters house. Her sister recently passed away and she is the sole heir and executor of the estate. We visited and talked for two hours at which point she ag...
Angela Carter
How to calculate a promissory note with a balloon payment
I have a property that I intend to carry the mortgage for. My exit strategy is to sell this note to a note buyer, so I am trying to write this in a way that they will appreciate.
Here are the numbers. Please tell me...
Charles Moore
For a BRRRR, which HELOC type is better: interest-only or P + I?
Hey, all,I'm pursuing a BRRRR strategy for a property using a HELOC from my primary residence. I will be refinancing it after the 6-month seasoning period. The credit union I chose offers both an interest-only HELOC...
Wilson Pereira
Real estate mortgage and taxes
I have my rental real estate principal and interest mortgage payments going out of my LLC bank account. I believe only interest and real estate property taxes are tax deductible. How do I account for mortgage payments...
Andy Thoman
Calculating Monthly Interest payment?
How can i figure out how much of my payments are going towards interest and principal?I found an online calculator for finding my monthly payments, but how do I know how much each month is for interest?For example, fo...
Ray Browning
Need Help Please.
I have a property that i want to only Rent or sell with owner financing. There is one issue. Because the price of the property has gone down, if i do owner financing it, it creates a Negative amortization.
The prope...