Jonathan Napper
55% Owner Financed 45% borrowed = 100% Leverage?
This may be more of a "in theory" question but if borrow all of the downpayment and the owners carry the rest, is that considered a 100% leveraged deal? TONS OF RISK? Or do you guys see it has a 45% leveraged deal?T...
Brian Zintel
Cash-out Refinance with 5 percent down
I purchased my first home a little over a year ago (2-unit Property). I placed a 5% down payment on a conventional 30-Year Mortgage. I've completed a kitchen renovation in one of the units that has seen an increase i...
Nana Komeh Abboah-Offei
VA Loan and Non-Warrantable Condo
Hello BP members. I am a real estate newbie, local property manager in Cape Canaveral/Cocoa Beach area, and have the opportunity to purchase a non-warrantable condo that I manage off-market. Is it possible to use my V...
Scott Weaner
Analyze My Investment Strategy
Hello all, I am hoping that you can help me with my overall strategy. I am new to investing, and have yet to purchase a property.Goal: $30,000-$40,000 cash flow per year in 10 years. This will allow me to retire from ...
Stephanie Szeto
Getting Property's Last Sold Price
Hi there - I'm trying to figure out how to pull a property's last sold price when it's not readily available in the MLS listing "History" section. How do people usually get this information if it's not listed on there...
Jesus Diaz
Independent Contractor Looking to Learn and Network
Good morning,
My name is Jesus Diaz and I am an avid listener of the BP podcast. I’m posting on this forum to put my name out there and to find someone willing to teach me in my area. I am looking for a mentor or te...
Denny R.
Aspiring investor from Northville / Novi Michigan!
Hello everyone!My name is Denis (Denny) Roux and I currently live in Novi, Michigan. I am a finance graduate and I currently work in sales at an automotive supplier. I’ve always been interested in investing, but I'm n...
Richard Carpenter
Should I Help The Seller Sell, Or Purchase A Couple of His Properties?
Hi BP,I have recently become involved with a Seller, who has over 15, Section 8 occupied rehabbed properties, and the Seller is tired of paying taxes, water, etc., and wants to get rid of the properties. Now, I have b...
Bensley Faustin
Regarding first project
I've been thinking regarding possible ways for me and my wife to fund our first project. We've decided to go with multi family homes mostly 3/1 or 3/2 for now and possibly a rental in the future. Our goal is to get th...
Darius Falahkhir
Issues with transfer property loan from personal to an entity??
Hi all!In my readings regarding entities, I'm curious if there are any issues that can occur while transferring a property that is in your personal name into an entity. More specifically, if you have financed a rental...