I want to purchase my first property in the next year or two but not sure on if the timing is right because of my current situation. I am 25 years old, currently have student loans to pay back, and live in the downtow...
I am looking to acquire a $500k 6 unit apartment building. One of the options to purchase the property it through owner financing ($2,300-$2,400 per month for 20 years 0% loan). If I purchase the apartment building us...
We are looking into buying our first duplex/triplex in San Diego, CA with an FHA loan (3.5% down payment). We would like to live in one unit and rent out the other unit. I have used the bigger pockets calculator to fi...
The title says it all. I have a new Texas LLC that I've started that will be the owner of my real estate portfolio.I'm under contract to buy a condo in Sarasota, and will assign the contract to the LLC at closing. T...
Hello everyone,I really appreciate the existence of BP platform, I've been learning quite a lot the last 3 months and just decide to invest in Columbus, OH and just closed on a double units rental property. I bought i...
Hi everyone, in April 2020 we purchased a 4-unit property in Los Angeles where the seller financed a 2nd mortgage. The seller stayed in the property as our tenant after close. We are attempting to pay off the 2nd, whi...
Hey guys! Was wondering what the main difference is between a land contract and note/mortgage sale (benefits, negatives). When it comes to the actual financing terms (ie. length of loan, interest percentage, etc), bot...
Let's say one syndicates a deal to purchase a $30m apartment building with 25% down;Who is going to secure the loan? Obviously, the sponsor isn't going to carry a $30m debt himself and be the only guarantor Theoricall...
I Have a rental property that cash flows about 1700$ a month, is it smart to pay down the principle sooner (30 year fixed) with the extra cash, or save for buying more houses? or is there a best of both worlds, where...
Lets get creative!!I currently own a townhome in Texas that is leased through summer 2024. The property has appreciated since my purchase and rates are also in the mid 7s vs the 2.875% 30 year fixed that I have.I've e...