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Hey gang, considering this 3/2 in Sanford, NC. Looking to do an advanced cosmetic/partial mechanical rehab on it.
Here are the details:
Beds: 3 Bed
Baths: 2 Full Bath
House Size: 1,63...
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Hello BP community,I have a question about financing a down payment. I am a newbie looking to buy my first property, specifically a multi family. I have a partner who has the same real estate dreams and we have a grea...
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Just an FYI.
Yesterday, I received two letters from my credit union regarding two mortgages that I have with them. These letters requested that I call the mortgage department of the credit union ASAP in order to di...
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I'm the CFO for 3 companies (1 real estate company, 2 operating businesses leasing from landlord) with an SBA loan taken out in 2003 currently in good standing. Operating businesses have entered a cash-flow probl...
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Hello Community,I'm seeking guidance on refinancing a property with an owner-financed loan that's nearing its maturity. Despite the loan balance being relatively small at just over $100,000, the property's value has s...
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I’m looking at a 4 unit townhome in Tampa, Fl. Total cost is 800-900k. My income is 110-150 a year. Downpayment 50k. How does projected rent work into a mortgage loan for a property like this? I would live in one and ...
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If I were to sell a property on land contract, how do I ensure that that the buyer maintains homeowner's insurance and stays current with property taxes?
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I am a relativley new investor and now have 3 properties cashflowing. My question is what to do with the money.One property is my first house that I used to live in right out of college and it is still 10k until I am...
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Hello, I have never purchased a property but am looking at buying one this summer and would like some advice/knowledge.
Background: 3 story Victorian house. 2 bedroom 1st floor apartment, 2 bedroom 2nd floor apar...
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I am currently confused on how I would exit a seller financing deal that has a 5 year balloon in the P&S agreement. For example let's say the terms state that the purchase price is $380,000, DP is $19,000, Amortiz...