For those of you who have sold properties with seller financing or a seller carry, what was the interest rate you charged? Anyone sell a fix and flip with a carry back?
So I've already started on a road that I don't know how to navigate. Searched and read as much as I could but unfortunately am under a time constraint. Was referred to BP as a great community for RE discussing ideas...
So I came across this blog post and when I saw the first example for a Multifamily unit, I frowned thinking I had gone wrong somewhere.Let me preface this by saying I’m completely new but I just don't see how a 300k m...
I am up against my DTI ratio for a traditional mortgage and I have been looking in to the DSCR option and it from what I am seeing it looks like a decent way to continue to scale. Does anyone have insight on what the ...
I have a 4-plex I'm currently looking at potentially trying to buy. The area I live in is a high summertime tourist area. As it stands, the numbers do not work to purchase the property at current asking price. Now the...
Hi All,I'd really love some advice on pricing the rooms out in the home I am closing on next week in Harvey Park South. Its a 3bd/2bath 2000sqft home with a nice yard, corner lot, hardwood floors, and lots of natural ...
Prices are at an all time high and demand for rental properties is skyrocketing. For those of us who purchased a few properties after the crash, the appreciation is staggering. Is it time to sell and leave the table a...
Hi,My name is Justin Lee and I am a Realtor and investor. I own a duplex in New Orleans, LA and wanted to seek advice and guidance on getting a HELOC on an investment property. This home is owned free and clear. I do ...
http://www.proapod.com/LearningCenter.htmFormulasBreak-Even Ratio (BER) The ratio often used by lenders when trying to decide whether or not to underwrite an investment property loan...Capitalization Rate ...
I was recently contacted by the owner of the duplex across the street from mine, he's sick of it and wants to sell it to me owner contract. The asking price is about 15k under market and the terms are 10% down payment...