Investment Info:
Large multi-family (5+ units) other investment in Chicago.
Purchase price: $1,200,000
Rental loan on a12-unit building financed at 75% LTV.
Hello all ..
I have a deal that is going to be seller financed. I, as the buyer, am seeking advise or tools on reporting/tracking/record keeping software or websites.
The Seller is non-tech-savy and "old-school". ...
Hello everyoneI am wondering what issues would come up while trying to buy a house with Seller finance. The current owner also got seller financing when he purchased the home and hasn't fully paid for it. Will the pro...
I am going to be investing in out of state rental properties in the next 1-3 years. I was wondering what kind of financing some of you experienced out of state investors use or like using to fund these investments? ...
Several past posts addressed parts of my questions but wanted to lay out my current challenge. 3+ years post Ch. 13 BK and foreclosure done outside the BK from a failed restaurant business. Since then, current house...
Hi BP,I'm preapproved for conventional financing on purchasing investment property, but in order to preserve my credit in the short-term (for a few non-real estate things I'm doing) I've got a buyer that's agreed to s...
I'm in the process of setting up a partnership with 2 other investors. I feel good about setting up an additional LLC, and drafting up legal documents etc. However, I'm not sure how we can go about obtaining financing...
Hi,I am hearing lot of discussion on commercial loans being available for fix rate for 15 years or longer term. Currently we own Duplexes to 14 unit apartment buildings. Most of our loans are for about 5 year term and...
Hello legendary BP members! I am still new to the REI world but for the past year I have been trying to be as active of a learner as I can with listening to the BP podcasts and reading the classic rotation of real es...
How many paychecks do you need at your first job for the bank to consider you for an FHA loan?