Let’s say the seller has a 500 K property and owes 250 K to the bank. Can I finance the 250 K he owes with the bank and he carry 50% and I pay the remaining 250 K over say a 5 year balloon amortized for 20?
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My husband and I recently purchased a duplex to househack. We have been tossing out ideas as we update the other unit. We are thinking about marketing towards corporate employees as a place to stay while traveling for...
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Hey- My wife and I connect with a conventional loan officer who used CreditXpert to analyze our credit. The results were wife's credit score is excellent... mine not so much. The tool very insightful; however, their o...
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Is profit margin the main driving factor for working in these areas? Is the juice really worth the squeeze (asking for a friend)?
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I've been calling small banks here in Arizona and a few of then say that they need collateral for the line of credit. Specifically my home. Is this normal? Also my lender who I usually use, advised against doing this ...
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Investment Info:
Single-family residence buy & hold investment in Channelview.
Purchase price: $204,500
Cash invested: $5,000
4/2, 2936 SF in Channelview, TX. Originally under contract as a subje...
I just got done with my first rehab project. I purchased a SFH in bad shape, fixed it up, and increased its value by 90K. It was a clear win. After ti's is done and rented, I approached a small bank to refinance and ...
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Good afternoon BP, In need of advice getting financing for a property overseas. My family has land in the Caribbean (Guyana) and was curious does anyone have any experience getting a loan from a US bank to fund the co...
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We are in the process of doing a cash out. We’re shooting for a heloc but unfortunately my credit union doesn’t offer them, so I’m shopping around. If we decide on cash out where do I put it? I’d like to find somethin...
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I started out as a wholesaler and that is my main focus. I am now rehabbing and will eventually acquire rental units. I got my license to help aid in my ability to find and analyze deals. However, I have no intent ...