Travis Elliott
Looking for a specific loan calculator....
Hi there...
I am purchasing a home on contract and the terms are as follows. 3.5 percent interest rate, balloon in four years with a principal amount of 27,000. So my PI payment is only 130.00 per month. The seller w...
Kenneth LaVoie
wrap around?
I am seeking a creative solution for a deal I'm in. Here's the jist ..
I bought a SFR for 63, 10% down, seller finacne (SF) for 5 years, amortized 30, baloon after 5, 6% rate. My totals costs for repairs, etc. anothe...
Rob Gillespie
Double closings Vs. Assignment of contract
I have been wholesaling for 15 years. Out of the hundreds of deals that I have done, I can honestly count on one hand the number of times that I have done a double close. I always just assign my contracts.
Since I hav...
Oleg Malkin
Interest Tracing and 1031
Cashed out on a primary to buy an investment when the rates were good. If I sell the investment and 1031 into something else, I can just continue expensing that mortgage interest on the next investment? Are there any...
Anita Morrish
Appraisal with cash out -advantages?
Not sure if this is the right forum but it's about a mortgage...so, we've lived in our house for 2 years. It's a new development and we know the starting selling prices on the houses have gone up since we moved in. We...
Amir Nassar
Getting a real estate license
Hey everybody. So I'm just starting out in real estate and getting a lot of great information off of BP. I've been hearing many different ideas and thoughts about getting my real estate license. I'm currently on the f...
Ken Su
Finding out what the bank paid for a REO property
I am currently looking at purchasing a REO property. I was wondering if there was a way to find out what the bank paid for the property, so that I will have an additional reference to base my offer upon?
Erik Lee
What should be avoided when buying you first rental property ?
What should you avoid when purchasing your first multiplex or property for rentals ?
Jose Arreola
carrying cost question?
Do I need the carrying cost in hand or does the loan pay for the month to month fees?do i also need the rehab cost or does the loan pay for that as well? ro is there a seprate loan i get for the rehab?
I have enough ...
Jason Small
Cash on Cash Return Calculation
Hi fellow REI's, I don't know why it seems difficult to find clarity on this question. But when calculating CoC return, would I include the taxes paid as part of my cash to close? If so, doesn't that skew the CoC calc...