Molly Trapp
Seller financing and child support
New to the BP community but psyched by what I’m reading. I’m hoping you all can help me out… I’ve got an owner to whom I’m going to propose seller financing to purchase his house. He has owned it for 25+ years and has...
Matthew Dodrill
Starting brand new with a twist
Hello everyone, I may be finding myself in a situation in the near future of receiving 70 SFH and a few duplex's the issue at hand is minimal legal structure (one basic LLC) and no systems in place for anything, (no...
Saman Pari
Refinance loan in foreclosure?
hi,i'm new here. Is anyone able to refinance a loan that is current but in refinance status? how would that work? Any help is appreciated. This is in Texas.Thanks,S.
Joey Swearingen
Overcoming hesitation on heloc
I want to tap into my equity to get another rental, but I have a hesitation or fear of doing a heloc because I don't want another monthly obligation to worry about. I have an amazing rate on my mortgage of 2.85 so I ...
Jesse Frickle
owner financing questions?
my inlaws are ready to retire and they have a duplex that they want to sell. they had it listed for six months with no offers.They had it listed for 275 and they have offered for me to purchase it at $240,000 I want t...
Greg R.
HELOC for downpayment - means 100% financing - too expensive?
Hi all,
Wrestling with making sense of HELOC as viable option for financing..Current strategy would be to buy and hold cash flow + rentals. I have been planning to use HELOC to fund down payment, then mortgage to co...
Huiping S.
How to analyze a rent to own purchase?
One person I know wants I buy a home and he and his family rent to own it.
His situation: credit score 640 has a full time job and very handy but no enough savings for down payment.
Never did this before.
Where to...
Bernard Chouinard
Is this worth it? 3 Unit Muli plus Bar
Wow - where do I start. Talking to a 68 yr old owner of a 3 unit (3br, 3br, 2br) unit plus bar. Rents are $2775 - This is under market but this is what he is getting today. The bar he runs and pulls in roughly $4...
Sean Pour
Using HELOC on Primary Residence to Buy Future Home
I have a home equity line of credit against my primary residence. I am planning to move to a larger house and would like to use HELOC as a portion of my down payment. Are there any regulations limiting the use of HELO...
Julian Wyer
Help. How do I manipulate the BP rental Calculator for my home?
e.g. I would like to plug in the current single family home I own to see it's rentability, but I'm not sure what numbers to plug in for the loan amount, down payment amount, apr, etc. Since I'm not purchasing the hous...