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Our long term strategy is to buy and hold multiple four-plexes. And 20-25% down seems to be the standard down payment required to buy a 1-4 unit property. Our thoughts are to rehab/flip homes to accumulate the funds n...
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I am a newbie and asking my opinion on seller financing with balloon payment.I have the option of purchasing a already rented Condo with seller financing, here are the details:30% down6.5% rate3 years with balloon pay...
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I need an Amortization program that allows odd payments and multiple payments. Allows adding late fees and deducting discounts Preferably like a revolving credit line calculating interest between each event.Any recomm...
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Hey everybody, I just had a crazy thought and I was wondering if anyone has tried it. That is, since most people get paid on a bi-weekly basis, has anyone ever tried offering rent payments being due on the sa...
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Hi everyone!
For any one who collects rent via Cozy (or any online payment processing), I have a question about when the payment processes vs when it's received:
We love using Cozy and so do our tenants, but Cozy ...
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Have some qns regarding wire transferAnyone know any services allow credit card to do wire transfer online or bank?Do general contractor or handyman have facility to accept online credit card payment?
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Folks,For one of my rentals the rent is around $5k per month. Any online method i can ask tenant to use that can deposit the amount to my bank account which is free for tenants and safe method for me to use. i had iss...
Hi! I am a beginner investor. I have a paid for property with rental income, I was looking to do a heloc on, to use as a down payment for a mortgage. 2 questions:
1- Would I have to draw the funds and season them in...
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TLDR: Company did shoddy work that is beneath my standards. Should I make the contractor come back and do it the right way even though he has to take a loss?Here is the long version:I have a problem that I hope peopl...
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Hello,A partner and I are going into a multi-family building together but need money for the 20% down payment. What is customary for this? Would that cash partner receive 50% and my other partner and I split the other...