Ryan Mills
Calculating for hard money loans in BP Calculators
Hey everyone, I am having a hard time figuring out how house the BP calculators to account for the intricacies of har money loans. I want to be able to account for the cost of financing in the total deal to make sure ...
Josh Westlund
Tax implications on personal loan
I signed a note with an individual and then used all the loan proceeds as a down payment on an investment property. I have recently paid this off in full, including all interest due and am wondering if there is any w...
Yonic M.
Creative Financing Dallas MFR: $100K --> $200K loan
Hi folks - I'm interested in purchasing a 6 door (2 SFH + 2 duplexes) portfolio in Ft Worth, Texas. The asking price is $1M and lender can finance up to $700K. I'm expected to bring $300K in cash to close. I can bring...
Aaron Smith
Cash deal/private lender
Hey everyone, General question. I'm looking at 6 unit complex in Florida. The deal is cash only *sad face*. The agent says he can get me private money with 30% down @ 12% interest only. The sales price is $239k. From...
Konrad Lightner
Investing with Family member
My mother-in-law wants to help us with half of the down payment for our first investment property. We want this to make sense and be profitable / fair for everyone.She is 65 and one concern is that it would take abou...
Luis Pereiro
I am selling a Mortgage Note (performing)! Who is buying?
Hello BPI'm looking to connect with investors interested in purchasing a mortgage note (performing). This is for vacant land located in Tampa, Fl. If you are looking to buy or can connect me with others looking to pur...
Mian Rizwan
Noncollateral loan - too good to be true ?
Came across a non collateral loan offer ( work as a physician and got a letter from a firm offering 50 K -200k for personal / professional use). Was Offerred rates of 5-6.5% after few phone calls, with early return pe...
Andrew Lapham
General advice on a financing plan for first deal/Interest rates
I am a complete REI newbie looking to gain some knowledge on the financing side of a potential first deal. I was looking for some advice on the following financing plan, plus have what I am sure will turn out to be a...
Keegan Darby
Hold cash or refinance?
Hi All,
Wanted to get your thoughts on if we should hold a house cash or do a cash out refinance? The details: "All in" after rehab at $145,000
Tenant in place at $1,550/month We can do a cash out refinance into a...
Bill Escobar
Working on my first investment deal wish me luck!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $875,000
Working on a purchase with seller carry of 20% of the purchase price with interest only payments. Working on ...