Devin James
Engagement vs. Down Payment?
Hello all! I am in a dillema and that is whether I should purchase an engagement ring or use the money to put down on my first house. Here is some info about me:My girlfriend and I have been dating for 6 years (since ...
Teron S.
Low down payment loans
Hello BP NationCan someone help me with this problem I'm having. I wondering how many low payment loan can I use(fha 3.5 VA loan USDA loan)if I'm owner occupying each one one at a time?If I can't do that how can I get...
Johnna Lodge
Owner Finance w payments
I have a family who wants a no interest loan.I explained I could amortize the loan but give them a payment. I ,like a bank, loan is amortized. due to their culture n beliefs they can't pay interest. I require 20% dow...
John Penola
401K for Down Payment
I'm a first time investor. My goal is to buy my first rental property in the Indianapolis area by Feb 1st 2020. I've been listening to BP for about 18 months and have read 10-12 real estate books.I'm considering using...
Amanda Lindsay
Advice on Payment division
Hello all! I'm new to the business, coming up on year 2 of property management. I work solely for a property owner; we are a two person team. He owns 36 doors and manages for an out of state company that also has 36 d...
David Ferrette
Late Payments by Tenants
For all of the professional property managers out there, if a tenant is often late on rent by a few days but they don't mind paying the late fees, do you threaten them with an eviction or just collect the extra cash? ...
Ed McIver
Bi weekly rent payments
I have a young single mother who is paid every two weeks. I want to offer her the option of paying her rent every two weeks as well. Here is why.If her rent is 1000/month she has 12 x $1000 payments per year. However ...
Steve Smith
Requiring ACH Rent Payments
With our first rental property, we got the tenant set up with ACH, and the rent amount comes into our bank account each month automatically. This is working great. For our second rental property, the inherited tenant ...
Paul Weller
Seller finance balloon payment
This may seem like a no brainer, but I want to make sure something...Example -Purchase Price - $100Down Payment - $10First Mortgage - $75Seller Financing - $15 (balloon payment at 5 years)When the balloon payment for ...
Martin Z.
NNN lease tenant payments
NNN lease tenant payments, does tenant pay insurance, tax and association fees monthly? Or do they pay the full amount when the invoices are due?