Cory Spitznagel
How to find private lending for buy and hold rentals
Hello all!
I'm looking for advice on finding private lending for buy and hold deals! I work out of town about 90% of the time and am working 80-90 hours a week usually when I am gone so it's tough to create good rela...
Michael Lleverino
SD IRAs
SD IRAs - I'm considering establishing a SD IRA (TX) to buy rental and flip properties, but first wanted to get some feedback from the BP family to better understand any challenges buying through this medium. Basical...
Christina Colon
How tonstructure Subject to deals with your taxes/insurance?
I'm considering selling/offering my long term tenants a subject to deal on my property. Im so new to this strategy so I have questions that I couldn't seem to find answers to. How does the tax/insurance structure of ...
Leah Pasco
FHA Assumable + 2nd mortgage or other options to sell
Hi BP community!We have a property that has a great FHA loan interest rate, loan of 270k left. This is currently a buy and hold. We were thinking of selling because we've almost maxed out upgrades to the house (new HV...
David O.
Private Lending Structure Question
I have a question regarding how Private Lending is typically structured. I will give you this scenario. I have a SFR home that I will purchase for $65,000 and rehab for 25,000 the ARV will be 100k. I would like to bor...
Nate J.
Possible to get loan using a deed of trust in 1st as collateral?
Hello, I have a $50k deed of trust in 1st position on a property worth around $500k. There are no other liens on the property and the balloon due date has already passed. Long story short but I have an additional judg...
Michael Mies
Gotta love the kid!
I have a nephew that has been rehabbing homes in Indianapolis and over-extended himself financially. In short, he needs $4K for living expenses. He currently has two homes on the market (listed only two weeks ago...
Eric Hathway
What rate should I expect to pay on owner financed 2nd mortgage?
I am considering a 11 unit building for $700k in NH and only have 10% down. My bank requires 20% down so the owner said he would give me a second mortgage at a rate of 10% for either 5 or 10 years. Is that a high rat...
Tracey Williams
Owner Financing -Step by step
Hi everyone,
I have read a lot about owner financing and I notice there are lots of profit /advantage to the seller but looking at it from the perspective of a buyer I do have questions when considering owner financi...
Lois S.
Escrow instructions to pay off secured promissory note?
We hold a promissory note that has come due, and have received a payoff demand letter from an escrow co. that is not local.Escrow is asking for:the Note, the Trust Deed, Order to Reconvey signed by usPolicy of Title I...