Mark Byrge
Commercial loan refi at term end
I am currently approved for a commercial loan that is amortized over 20 years, but with a 5 year term. At the end of the 5 years, are these typically "refinanceable"? Or should I be aggressively trying to pay this dow...
Siddhanth Maheshwari
Does it make sense to buy my own house?
Hi, My wife and I have been living in the bay area for 5 years and till now we have mostly invested in stocks and lived on rent. We are tired of having the rents increase on us so we wanted to buy our own house. Given...
Tim Addai
Best ways to collect rent
Hello BP family, what have you found to be the best way to collect rent? I'm closing on my first deal soon and currently some of the tenants have paid cash through PayNearMe. But that service is not available to sole ...
Jeffrey Gordon
Applying the 50% rule to determine value
2% - 50% rule Question
Hi folks, I have heard this rule this week for the first time (THANKS) and have been reading all the forum posts I can find about how it is used to screen etc. Will bevery helpful in convinci...
William Morgan
Evaluate this potential note deal
I'm somewhat new to note investing. While I have created notes in the course of buying and selling properties, I have never purchased an existing note. My company has flipped hundreds of homes and structured owner fin...
Rob Smith
25K should I pay down mortgage or invest at 7%
I have $25K in savings and am putting 2-4k each month into this saving acc it is currently invested and making about 7%. My question is this should i keep investing it and make 7% APY or should i pay the $25k to princ...
Akash Sky
[Orange County California] Do you know a good Portfolio Lender?
Hello BP!I recently met with a local real estate investor and learned about the importance of forming relationships with banks. I'm wondering if people could tell me about how they finance their deals and who they us...
Robert Livero
SUBJECT TO VS LEASE OPTION
HI ALL,
A FRIEND OF MINE HAS A PROPERTY THAT IS A BILEVEL THAT THE OWNER WANTS TO TO GIVE ME THE PROPERTY SUBJECT TO THE LOAN ( I'LLTAKE IT OVER), FOR 272K , PAYMENT IS 2017.94 PITI (RENTS IN THE AREA ARE AROUND 1500...
Sean Stroh
Refinance. Or, Stay the Course
I am a fairly new investor and have pondered a decision on my first single family home:a)Refinance the loan to increase monthly cash flow. Or, stay the course with minimal monthly cash flow and faster loan pay off.I h...
James Burress
instalment land sale contract difrence from lease with option
a nevada questionOk I have a pretty good question I have been referred to this page to seek a logical answer to a seemingly complex problem.Would there be any need or reason legally for a purchase agreement contract t...