Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago on .

User Stats

1
Posts
0
Votes
Sean M Turner
0
Votes |
1
Posts

Beginner question: Paying lenders for underperforming properties?

Sean M Turner
Posted

Hello BP community!

Let me begin by saying this is my first post, so forgive me if I’m posting in the wrong place or if I have errors in the questions I ask!

My name is Sean and I’m 20 years old, work a part-time job, and am in the beginning stages of learning to learn about real estate, networking, investing, etc. etc. I was thinking earlier and my question is this:

Say you had a couple of lenders who lent you money for a deal after you provided them with the plans for a house, arv of the house, projected cash flow, guaranteed ROI and things like that. If the property was underperforming and you were losing cash on the deal, at what point would you decide to get out of the deal and pay back your lenders? How would that work? Again, I'm not sure if I'm asking the right question. Thanks!!!