Hi all, I am putting together a 3m loan and seller wants to do seller financing and he is giving me with 4.8% 10yr balloon with 30yr amortization. Is the rate too high or a good deal given the current market conditions.
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Real estate investors who are used to the fix and flip game often have a hard time wrapping their head around why non performing notes are something that they should spend some time looking into for their real estate ...
My midlife crisis:I never got my degree and I never joined the military so I lack a proper education.Former FSBO. I sold my place to pay off debt. I have some cash now. How do I get an income and a house in the overpr...
I'm a new investor with alot of analysis paralysis. I'm ready to get moving and make a deal. I have actively found 3-4 unit properties that I am willing to live in and rent. Luckily, I'm a first time home buyer so the...
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Hi there,
My mom and I recently inherited a 2 family house that we intend on renting out. We have 100% equity in the property. I am struggling to decide on a financing/lending strategy to make the most out of our equ...
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Hey Everyone,Curious to hear the most creative ways you've pieced together funding for commercial apts. I am looking for commercial properties and since purchase prices can very significantly from property to propert...
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Hi BP community!I've received a number of referrals for lenders in the Columbus market, but most of them are conventional or portfolio lenders. Long term, I will definitely look to build relationships with portfolio l...
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So I have not begun investing yet, but hope to as soon as possible.I hear from a lot of investors that they buy their first property, and then have trouble securing loans for the next 2 years, because they cannot coun...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $75,000
Cash invested: $33,970
Contributors:
Randy Charboneau
1 of 3 properties purchased out of a ...
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I have a dilemma and need y'all experts opinion. I currently living in an 1br apartment which costs me $1390/month. I'm buying a 4br 1 1/2 bath single family home which now waiting for closing for $294.000 which PITI ...