Robert L.
Journal entry question for owner financed note
I sold a house with owner financing. Buyer put a down payment.I am carrying a note for the balance which buyer is making monthly payments. How would you record the journal entries for this type of transaction in cas...
Sequoia Pedersen
Is a HELOC considered Capital Invested?
When you run your numbers for calculating CoC ROI, do you consider money used from the HELOC as cash invested if you drew from a HELOC for a down payment? i.e. If I purchase a 500K house, and I draw 100K from a HELOC ...
Most real estate investors wait to save significant down payments on every property to grow their portfolios. But twenty-four-year-old Greyden Piechnick didn’t have time to wait. He knew creative financing was the onl...
Roberto Santana
Paying mortgage monthly or bi-weekly?
I've read that just by switching your mortgage payments from monthly or bi-monthly to bi-weekly you can save a ton on your interest over a 30 year period. This led me to researching the difference between bi-monthly a...
Ben C.
House Flipping ROI Question
Hello,I will be financing my purchase and renovation costs (with a down payment of course) and was wondering in calculating my ROI….Do you calculate the ROI as the total CASH out of your pocket (Down payment, closings...
Mitchell J.
15 or 30 year mortgage for landlording?
Hi all,I'm curious to get your thoughts on whether you think a 15 or 30 year mortgage is the right way to go for a buy + rent out strategy? Suppose my goal is not necessarily cash flow (say I have a full time job tha...
Clint Miller
Where Do You Find the Funds for the Down Payment?
Seller financing opens up great opportunities for real estate investors, but coming up with the down payment can still be tricky.
Jackson Pontsler
Is it worth putting down a larger downpayment (indepth analysis)
I recently engage with a conversation with a fellow investor and we discussed the merits of putting down a larger down payment with the property doesn’t cash flow. After discussing several points I wanted to dive dee...
William H.
Mobile home in a park buy, what is the norm?
So I looked at/ and am wanting to pull the trigger on a deal in the near future/tomorrow. I don't want to make a dumb decision either. So maybe some advice. The home is in a park near to where i live. the location is ...
Stewart Thompson
Buying my first note
Good morning BP!So I want to try and buy my first note. I don't really have that much capital, but I want to start out somewhere and learn what is all involved. I am already registered on fciexchange.com, but really h...