What does everyone use to start and have a conversation with possible seller or owner financing? Trying to get some ideas
I'm looking to get into my first apartment acquisition hopefully 5-10 units to start. What is the best route for financing with a small downpayment (10-15k,) but very high credit score?
I'm looking at a mobile sitting on 1.5 acres, list price is 32k.
The land is valued at 19k and has about 4k in improvements (septic, electric, driveway base, partially fenced)
The trailer needs about 4-5 in upgrad...
Hi everyone,I have found a 4 unit apartment complex that is in a desirable neighborhood and passes th 50% and 2% rule. My question: Can I finance this using FHA (3.5% DP) and get a 30 year fixed interest rate? I know ...
I own my house outright. My credit score is around 800. Never been late in a payment. Always paid in full. Over $100,000 in the bank. But, but, BUT: no W-2s and no employment. Because of this I have been struggling fo...
I am buying a property that I will serve as a new home for my nephew. It's a foreclosure, needs minor repairs and does not qualify for FHA etc and he does not have the 20-25% down needed to do the deal. I will be buy...
Hi BP, was wondering how many people make the switch and not use all there 10 conventional loans and go straight to portfolio? I have 3 properties all in conventional but the process is slow and would like to go fast...
Trying to determine if this is reckless or sophisticated investing....The idea is that annual percentage increases and the possibility of rates lowering will allow for positive cashflow.-A property with a 30 year mort...
Hi,I am new here and learning but my question is how do people typically come up with a down payment. If you need 20% down for an investment property, that can be a lot of money. Do people typically use equity (HELOC)...
Hi All,I wanted to lay out a deal I am looking at and get others opinions on quality of the deal and of options to finance considering the assumed mortgage.Asking Price: $1,425,000Mtg to be assumed: $720,000; 4.68%; 5...