So here's an interesting situation: my neighbor is selling her home to me, it is appraised at 215, 000, and she owes 154,000, with monthly payment of 850 at 4% fixed. The home can easily be rented out for 1200 per mo...
Hope everyone is having a great holiday!Do contributions to my Roth 401k affect my DTI ratio (with regard to a conventional mortgage)?I have a w-2 job. For example, let's say I were to contribute 100% of my salary to ...
I will close on a property within 90 days. At which point should I get pre-approved? Can you get pre-approved without knowing the area in which you're going to buy real estate?
Hi all,I'm Vinnie Gizzi from Owensboro, KY. This extremely new to me. I heard about this site through my brother. Now I've got goals to pay off my student loan debt and retire early from my day job as a Physician Assi...
Hey everyone! I have been a fan of BP for years now but just recently got back on the site and listening to the podcast again. Wife and I bought property from my parents through owner financing. Property is worth arou...
Hi all!I've been getting a ton of investors looking to do creative financing. I wanted to get a seller's perspective on seller financing. It's also something I've been exploring as a seller/owner of multiple propertie...
Hello everyone. I am a foreigner from Norway looking to buying ownerfinanced property overseas in Florida.Im looking for 10+ unit building in decent shape with tenants. There is offcourse alot of real estate online, ...
After educating myself, researching the market, & looking for deals, I've decided my best get to jump to 50+ multifamily properties would be to coat tail an experienced investor on a syndication... If you have som...
Hey BP!I want refinance my Florida SFH. Its FMV is approximately $200,000, and I own it out right. I collect $1300 in rent every month, $100 goes to taxes $70 goes to insurance and $100 goes to cap ex and vacancy. So ...
Thanks for any assistance you can provide.My head is swimming for the next steps in purchasing an investment property.I have sufficient funds in our low cost of living area (Northern Michigan) to finance from retireme...