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I have a potential seller financed deal. My question is would anyone sacrifice cashflow (break even or negative) to have a free and clear property in 3 years?
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Hey everyone,
I'm evaluating a multi-family deal and could really use your insight. The seller is offering seller financing at 2% interest with a 9-year balloon. On the surface, the deal seems appealing, but there's ...
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Hey BP,
A lender reached out to me with what seems to be an attractive loan program. 1-15 year terms, 6 percent starting rates, even 100 percent funding. Only thing that made me hesitate was he requires a 20 percen...
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Hi All,I understand that it's extremely important to take capital expenditures into account when doing the numbers for a rental property. However, I've been looking at several properties where they haven't had anythi...
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Question about STR’s and city zoning. I was planning on turning my primary residence into a STR after moving out. After looking into the local laws and permit process I found out that the home is not able to be a STR ...
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Hello,I’m getting ready to make an offer on my first property. There are a few places in The MILWAUKEE, area and Beaver Dam, WI.I’m exploring the best ways to put 25% down on properties less than 180k and minimize my...
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Should I refi to dscr or conventional to remove pmi? 2 unit house 30 year FHA 6.6% major renovations (roof,bathrooms,kitchen,etc) home has appreciated 397k when appraised to 550k zestimate (similar comps in the area a...
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I am preparing to raise capital and I would like help understanding how to go about structuring and writing the terms of the funds.MY IDEA I want a $100,000 interest-only loan. I would invest this into a BRRRR. Then I...
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Hello! I just bought my first deal a little while back and have people interested in my next deal. How do I raise money? PPMs & Term sheets? How do self directed IRAs work? Open to any and all suggestions!Matt
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I'm thinking of selling one of our single families, owner financing. The house is a 2 bed 2 bath in a great area and it's paid for. My husband and I are in thinking of relocating. Our kids and grand kids all live in ...