Account Closed
Selling with Owner Financing as Investment Income - Pros and Cons
I'd love some input into the idea of buying cheap properties in a economically depressed area with cash, and selling them with owner financing as a means of income.
I have purchased two properties in the past with ow...
John De Souza
Ideas on how to proceed on a duplex
Hello- I have a duplex (2 doors but separate deeds) fully renovated, one side is leased that cash flows with a 30 year note and the other side I completed the rehab this week. With the interest rate increase I am thi...
Rawn Wilson
Cash flow cunundrum. Restructure mortgage and lease or sell?
Ok, here we go. I need to separate emotion from business.I have recently started becoming serious about investing into buy and hold properties. I have purchased 2 properties so far in 2018. I have a third property ...
Mark Erhart
Best way to use equity on seller financed properties?
Hello,In late 2019 I bought out my parents 3 rental properties (5 units) through 5% down payment, seller financing with a 3% interest rate! It was mismanaged at the time and we renovated 3 of the units and raised the ...
Connor McGinnis
Financing A First Duplex
Hello,I am looking to purchase my first duplex in the New Orleans market. I moved here almost a year ago now and know of a few growing neighborhoods. My current apartment lease ends in April so I am a bit pressed for ...
Kyle Hussey
True (Simple) Bi-Weekly
For a Conventional Loan, is there any reason why some one would not want to set up a True (Simple) Bi-Weekly payment structure? At least for a some one who is planning on holding the investment for a long time. S...
Eli Mills
How does an investor get paid?
Example: a $1m 20-unit - Investor loans 100k for down payment- agreed to 15%/yr payment to investor(15k)My question is: does investor get paid monthly at 15%? If not, then how and how much and when do I pay the invest...
Laura LaFrenier
HELOC or Mortgage to get cash out of primary residence
I am just starting out and I have two options for getting cash out of my primary residence in order two invest - HELOC or mortgage. I have a current equity line of $50k on the house with no other mortgage. The house w...
Rudy Manna
Refinance Hard Money Loan
I am buying a fixer with hard cash loan. HML is giving me 90% of purchase price and rehab cost as well. When I refinance with a bank in few month later will the bank lend me 80% of purchase price or it can be 80% of A...
Joshua Cook
Interest Paid vs. Asset Gained. What would you do?
My Current Real Scenario:I have a primary residence in FL with a VA home loan attached to it with a 2.2% interest and only 10% of my money in the home and the value, though dropping, is almost double the mortgage. My ...