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Hi all, I've been lurking around BP for a few weeks now, and have been second guessing whether I should wait to begin my REI ventures. My husband and I are currently renting our home and looking to buy a primary resi...
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I have a buyer and am considering offering financing as follows:
Sales price $43,900
$4900 down
$39,000 financed
10 year term and amortization
11.5% interest
Principal and interest: $548.32
Escrow taxes and insuranc...
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As we will likely hear more about interest rates in the coming days I wanted to share some recent real world experiences in the Commercial Lending Space. I work closely with several local credit unions and commercial ...
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Hello all and thanks in advance for all your feedback. So i am just starting out and have not yet figured out what I want to do, but there is one thing that I am seriously considering.
I was recently introduced (thro...
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Hello BP Fam,I'm totally putting myself out here but i'm really eager to learn. I filed for Chapter 13 bankruptcy in Dec 2012. I finally paid off the trustee this month. ( Hallelujah!! )I've learned a lot in this pro...
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Hello ya all,I just inherited my mothers home, Title is in my name, house is worth 80,000 but she left a reverse mortgage and I need to finance 36,000 to pay that off.I have a renter (my son actually) he will be payi...
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I’ve been investing in real estate for over a decade, but never really gotten to the point of scale. I’ve owned 4 rentals, done ~10 flips, done BRRR and been a hard money lender. Never had a bad deal, always made quit...
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Hi
I am looking to buy first rental property and looking to speak with lenders. What are the questions that I should be asking lenders ? Any tips to get a better rate or deal from lender ?
Thanks
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Hey everyone, I've been BP member for one year. I just haven't took the time to use it to my advantage. I am a pretty new investor. Started out running a property maintenance company taking care of a couple propert...
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I am interested to learn more about some general rules of thumb for refinancing BRRRR properties depending on cash flow. What have been typical loan interest rates and refinance rates you have personally experience. H...