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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...
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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 ...
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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.
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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...
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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...
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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...
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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...
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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 ...
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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...
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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 ...