Hi everyone, I recently watched the BiggerPockets Podcast (300 Doors ALL Through Creative Financing w/ Pace Morby) I'm on my 5 time watching it trying to comprehend everything that Pace does. I was just curious if any...
Someone called off my letter that I sent 4 years ago.
Long story short, 3-4 yrs ago, three heirs inherited a house and later sold it to a son of the 3rd heir. First two heirs jointly financed 2/3 of the loan (one not...
I have a deal under contract currently for $130,000. It's a tri-plex in Louisiana. I'm in contact with a local commercial bank and the seller is willing to finance the deal at 8% on 15 years or I can get a loan from t...
You have a great deal, the seller said he'd help with financing, but not sure how to make that proposal - you know you'd be better if you didn't have to look for HML's or conventional financing - Can you add to these ...
Good Afternoon,I am a school teacher in the Houston area trying to get into owning rental property. I'm having a difficult time getting my foot in the door. There have been several properties that I was interested in...
Hello All,A friend of mine is purchasing his first investment property. It is a 4 family property about to go under contract for 350k.I am wondering if it is wise to put down 20% or the minimum of 3.5%. He will be own...
We just presented an off-market seller several options to purchase their home, and they seem to be leaning more towards the seller financing route (for the highest purchase price). However, we've never done this befo...
Does a refi make cents?I got a call recently from an investor named Brad that had a conundrum. He was looking at refinancing a mortgage from a 30-year fixed ARM (adjustable rate mortgage) to a 15-year fixed mortgage.A...
Hello everybody!!
I've been on this site for a couple weeks and doing a lot of research to get started in investing in multi-family units. I'm starting now to look for recommendations to build up my team. I'll be h...
Hello All,I need some advice or guidance. I’m currently on the process of a rehab on a duplex. I hired a contractor who told me he would be able to finish the job in 2 months. I awarded him the $57,000 contract and wo...