Hey BPers-Financing question from a newbie here that I wanted to try and get a little extra insight on. My girlfriend and I are looking to buy our first investment property sometime in the spring of next year and are...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $500,000
Cash invested: $100,000
11 Unit Apartment Complex
What made you interested in investing in ...
Has anyone reading this put together a multifamily deal with seller financing? For example put down a third of the asking price and they carry the loan? Forgive my lack of technical jargon.
I’ve got a couple of private investors in conversation to help me finance a property that’s appraised at 49k, offer sent in at 29,400 and needs about 10k-12k in repairs/updates. ARV around 65k. I’ve never used a priva...
Hello BP,Similar questions have been asked many times but I was hoping to get some advice on my particular situation.I own my personal home and a duplex that I rent. The duplex has ~55k in equity. My initial thinkin...
This is my first "real" post. I hope I'm putting it in the right place!Im looking at starting out with a few small multi family investments, with seller financing. Right now, I'm working off the MLS. One of the hom...
Hello BP!About 6 months ago I broke the proverbial real estate investment seal and bought my first investment property. I used a conventional 30 year loan, have renters, and am cash flowing $300 per month. I learned a...
I have asked my realtor in Oklahoma to find me owner financed properties. She has just informed me that there is "no real owner financing" in the state of Oklahoma; it basically turns into landlord/tenant law and you ...
Has anyone used Costco's financing arm before? Their mortgage calculator immediately sends you names of prescreened lenders if your criteria matches pre "plugged in" criteria. I've never seen such a feature before. It...
I will try to make a long story short. I filed bankruptcy in 2011, let the house, car and credit cards go away. There was a sheriff sale September of 2011, I started looking to buy another house last year and to my ...