Looking at a property that generates rental income. 2145. They are asking 145k total and are willing to fund me (I pay them off slowly). I’m putting down 60k. Good idea? Bad idea? What interest rate and years should I...

Hi! My partner and I are trying to close on our first off market deal and were planning on using a private investor for the down payment. However, our mortgage lender will not approve us using someone else's money, in...

Hello,Say I do some seller finance where I carry a note for $100000 for 30 years at 5%. I decide to sell the note in 10 years will as a seller need to sell the note at a discount and can loose money or even if a selle...

I will be talking with another investor in the coming weeks who is trying to sell their Duplex (could possibly be a triplex). Looking at the initial numbers for my bank financing (commercial loan because the property ...

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...

I'm going through a divorce a determining whether I want to buy my spouse out of our primary home or sell it and split the proceeds. The mortgage on our primary home is 3%. The lender (Mr. Cooper) said that the mortga...

Hey BP,  I'm a bit of a newbie with investing in multi-family properties.  I've been looking at properties with intentions of using my HELOC for the down payment and recently found a great deal.   My problem is that I...

I have a long tenure tenant in my SFR. We made a verbal agreement a year ago: he gives me 55k down and I sell him the house in one year. The agreed price is 170k minus his 55k down payment. He just got pre-approved by...

I'm purchasing my first property and will (hopefully) be renting it very soon. Is the most common method of collecting rent just having your tenant mail the check, requiring that it be received by the first of the mon...

Alrighty, here is our situation...and I need advise!
I have searched the forums and read MANY threads.

First, we OWN free and clear a home valued at 80k.
Rented it for two years, but now we want to sell the home. We...