Rachel Deering
Duplex Investment w/Daughter as Home Owner
My 24 year old daughter and I were looking (and found) a duplex to buy in Pennsauken, NJ. Our plan was that it would be a primary residence for her with me as a co-signer and I would make the down payment and all upfr...
Mark Updegraff
Anyone have their tenants using "Bill Pay" to electronically pay rent?
My tenant recently requested my bank info so he can do an electronic rent payment. I'm guessing he will need my routing number / account number. I'm hesitant to give it out without first consulting here. Anyone kno...
Toby Jurging
CCreative Financing Question
I am looking at creative financing options for a seller. They own the property free and clear. I have proposed doing a seller finance for x terms. As I look to provide the seller with multiple options, one that I a...
Raden Mantuano
Seller Financing Concern...
Hey everyone,I've come across an opportunity in the Los Angeles area for a seller financing deal. Based on my conversation with the homeowner, its looking like a 0 down, interest only deal, fully amortized in 15yrs, w...
Account Closed
Quick Check on this hard money payoff quote
I borrowed $141k hard money at 7% interest-only and escrowed ~$10k with them for repair costs (not sure if that matters). My monthly payment on the hard money is $822.I'm now trying to refinance into a conventional mo...
Nazmus Sakib
Real State Investing as an international student in Canada.
Hi, I'm an international student,20 years old, and moving to Canada in September in Toronto. So, if I want to buy a multi-family unit(9 to 10)for myself as well as for investment purposes(student rental), can the bank...
Paul Lim
Advice for first Seller Financing Deal of an Airbnb
I've come across a seller financing deal for a successful Airbnb vacation rental. The Airbnb is located in a good cottage area ~30 min from a larger city. This would be my first seller financing op.
The seller is...
Jay Jonez
Creative financing- Deal or No deal?
Wondering how I could structure thisI have a seller who has his ear opened to do a seller finance deal/ mortgage wrap. He has a tenant that's renting the property for 3+ years for $1000/month.The seller wants $80K f...
Aaron Jones
Can a new appraisal shorten the time needed to remove PMI?
I am going to try my best to explain my scenario and appreciate any responses.I recently bought a home for 200k and put 5% down on a 30yr conventional loan. My wife and I put about 40k in renovations (vaulted ceiling...
Jason Bruning
15 vs 30 year loans
Hey BP Family,
I am contemplating a 15 vs 30 year mortgage on my first investment property. The difference in the mortgage payment is a few hundred dollars but saves me a lot of money in interest over the additional ...