Satya Patil
How to fund major repair work on rental properties
Hi All,I would love to hear you experiences on funding major repairs on your rental properties. Two ways that I know are- Cash out refinance, line of equity. Are these the best or is there something out there?I only o...
Gabriel J.
Renovation Advice Please
Bought a property that was going to be a good deal. I've learned this may be a typical scenario, but Contractor gave a lower bid than the rest, seemed like a good deal. Gave me a price breakdown, subs he used, etc. A...
Dovid Staples
Deal Analysis + Who has the most creative strategy?
Hello BP! I've finally found someone looking to sell their MF properties and owner finance them. Three triplexes in Phoenix AZ to be exact, but I'm only focusing on one. Each unit is a 2/1. Per research, he's selli...
Carolyn F.
Seeking Non-Warrantable Condo Lenders
Searching for lenders who can do financing for non warrantable condos in Marlyand with 50 units or more. Note: Buyer was already approved but current lender can not do a non-warratble condo.The purchase price is 260k ...
Asher Anthes
Mortgaging a F&C property based on appraised value rather than purchase price
I'm 26 years old, have 65k to invest. And two rental properties with positive cash flows on both.
I want to buy a cheap property with all cash, fix it up, get a tennant in ($450 positive cash flow is the goal). But...
Eric Baum
Portfolio Loan Question - Does this seem typical?
Hi All,As I have been expanding my portfolio in different markets, I am have been evaluating different financing options (especially as I cycle through all my and my wife's personal mortgage slots as well as buying al...
Sami Khondakar
Private Lender and seller finance
I'm looking over a deal for $3 million in NY.It's gonna be a seller finance deal but we need a down payemnt of 300k, I was wondering if it's possible to get that 300k or more (probably extra 70-80k for some cosmetic r...
Paul Maurer
Seller/Owner Financing Question
Hello!
What does it mean if a potential seller says the following when you are wanting to see if they will consider Seller Financing?
"The seller will consider up to 50% owner financing for this property."Thank you
Jai Deva
Newbie questions
Hi everyone, I am close to investing in my first duplex buy and hold property and have a few questions for experienced investors:
1. the duplex is currently owned by turnkey supplier.Based on BP rental calc, the num...
Oraude Boston
Quit Claim Deed to be used as Creative Financing.
GA BP:
I Guess this would be some kind of seller financing/creative financing and need solid advice.
So I have a seller who lives out of state in Florida and own a bunch of real estate in New Jersey. I've closed on...