Robert Thibault
Buyer Carry Back 2nd Position
Let me be sure I understand. I have a property where the seller is willing to carry 75% for 10 years. So, is there any reason I wouldn't want to go get a non-conventional rental loan for 80%. Then offer the buyer t...
Rick Albert
Assuming a Seller's Loan
Hello All,Does anyone have experience assuming another investor's loan? Basically a Buyer will take over the loan at the same interest or higher interest rate, and then pay the difference.What risks are to the Seller ...
Frank C.
HELOC options using investment property owned together with Father
Hello everyone,
My name is Frank, I am looking for a creative way to find financing for a down payment to purchase a rental property to hopefully grow my portfolio. I currently own 1 two family house in Perth Amboy, ...
Account Closed
Multiple Building Purchase
Investment Info:
Small multi-family (3 units) and a large multi-family (6 units) buy & hold investment.
Purchase price: $200,000
Cash invested: $7,000
Duplex building converted to triplex. Full...
Charles Kennedy
What are your expenses for you property? What am I missing?
Hi BP Community! I'm in the process of analyzing some deals and would like to ask current owners what sort of operating expenses they have? I know their is taxes, insurance, landscaping (if not doing it yourself), pes...
Matthew Stapleford
SBS Loan for Self Storage
Has anyone ever purchased a self storage facility using an SBA loan? If so, would you recommend it over a conventional commercial loan? I am looking into buying a self storage facility and am weighing my options for f...
Kesha Hamilton
Suggestions needed for use of furnished 8-bedroom property
Hello,I have an opportunity to purchase a 8-bedroom/8 bath fully furnished property that was once used as a senior care facility. The tenants had to have certain physical capabilities so they could manage somewhat ind...
Lynne Hart
Owner considering seller financing - education and resources
Hi all - I have a property for sale and am about to receive a contract that will be cash OR Cash with a portion of seller financing. I get the concepts but need information and experience from the viewpoint of the OW...
Gaelan Evans
Convincing Seller Financing
I've been renting a house for a couple years now and I have noticed a house down the street from me has been vacant for the 4 years that I have lived here. I would like to approach the owner and suggest that they sell...
Hans Baldau
What to do with $15,000?
Hello everyone,
Potential first time investor here. Quick run down, I am 25, I have $15,000 saved up (not counting rainy day fund), I have $5,000 in student loans that I do not have to pay for 2.5yrs (due to my job p...