Need help analyzing deal,2 family 50k,$1200 income,lender will hold promissory note for 40k interest of 16% annually fully due and payable in 12 months.I have to pay for title insurance obtained by seller.
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I was talking to an agent friend on the phone today and she mentioned that she needed to do something about a property. It has been sitting vacant for a little over a month and she doesn't to fool with it any more. ...
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Hello (again) BP community! I have been searching for my first rental property investment and, due to some financing troubles for my partner and myself, we had to reach out to local investors and inquire about seller ...
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Hello BP,I currently have 8 residential rental properties with approx $5M in equity. I do not want to refinance them because I have low interest rates on all. However, I do want to access my equity to purchase more pr...
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Perhaps, though a long shot.. with an reo purchase (although I know they prefer cash) I could offer the selling bank a high enough interest rate that will allow it to recoup the money lost due to the original foreclo...
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Hey BP fam....I wanted some feedback on some creative seller finance options. Scenario: Landlord friend is dumping his properties. List price 138k he owes 20k 4/1 The area can rent for 1200-1500 per month. No reha...
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I'm working with a portfolio lender on two 5 Year 30 Amor. Arms with a fixed interest rate the first five years. I plan to have them paid off before 5 years. Down payment is 25% with an interest rate of 5.65. I've ...
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63 yrs old. Have little bit of cash in stocks. Is it too late for me to start in real estate investment? If not what would be the best type for me? I was interested in buying rental units, with the hopes of maybe pass...
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Just checked the total US money in circulation M2, increased from 15.5 trillion end of 2019 to about 18.4 trillion, roughly 20% in the first 5 month of 2020. Theoretically and historically, M2 is directly correlated w...