Danny Cerecedes
Help with being creative with a deal?
Hi BP!So I need some help or advice with a deal. My in laws are renting a house that they used to own 20 years ago. My father in law built the house and hit some hard financial times years ago with his plumbing busine...
Matt Liu
Family loan -Should it be Ammortizing? 30 year?
When borrowing a smaller amount from family, say 25k, for a downpayment, is it at all common to do a 30-year ammortizing loan? If so, what rate? Is 7.5% 30 year ammortizing reasonable? I want it to be attractive to th...
Corey Dutton
What Would You Buy in Real Estate If You Had $1 MM in Cash Today?
This was an article I found online but it was a SPAM ARTICLE which means it was written by someone likely overseas who doesn't speak English. However, I thought the question being posed in the article was a good quest...
Joshua Hill
Bird-Dogging vs. Wholesaling - Are they any different?
I'm a newbie. (introduction post here) I've had a few people now recommend to me that I consider EITHER wholesaling or bird-dogging. My question is, what's the difference?I read this blog post which seemed to say that...
Conrad Z.
Owner Financing - Benefits/Pitfalls??
I'm considering owner financing on a house I purchased at the trustee sale in Phoenix for 60K
Using a sales price of $100,000 with $20,000 Down and an interest rate of 10%. I should get roughly $12,500 back after cl...
Izraul Hidashi
If a Borrowers Promissory Note Funds a Loan Who Is The Creditor?
If a Borrowers Promissory Note is used to fund their loan, then who would the creditor be?
David Hite
Note purchase, UPB and "Estimated Payoff"
Good evening everyone! So, I am looking at my second note purchase, and I have a question for those with more experience! So the note I am looking at has the UPB of say: $21,000. Further down the tape, it shows "...
Michael Dunn
HomePath and no required Apprasial.....
With there being no required Appraisal on HomePath listed properties, how then is the property given a " Value " ..... is it based on the Contract price?
I was thinking that an Appraisal would be necessary to...
Jordan Albright
Cash out Refi - Rental property, questions
So I have done some research on this but wanted to see if anyone had any Tips.
Situation: I bought the home for 250k. It is currently under renovation around (50K). So all in 300k. I plan to rent it out in a couple ...
Jesse Aaron
How high shoukd closing costs be?
Hey guys, I’m closing on my first property next week. I just got my disclosure forms and saw that my closing costs are right at 8k. The purchase price is 135k, I put down 10k using a conventional loan with 3.5% intere...