Investor · Eagle River, AK · Member since 2015 · 121 posts · 45 votes
I'm an avid fan of BP and especially appreciate the calculators in "Tools" that have been provided for us, however, I'm finding a need to consider "alternative financing" such as making offers to include 2nd trust deeds as part of my decision process. I don't see a way to "click" and input other financing, does anyone know how to include that or can you suggest a workaround? While I'm at it, is it possible to consider assumable loans and a remaining life on the loan of maybe 3 or 5 or 9.5 years (for example) at XX% with a current balance of XX? Or can you suggest a workaround for that as well? Thanks for your help.
Real Estate Investor · Burlington, VT · Member since 2010 · 2k+ posts · 1k+ votes
9y
@Dolly Caswell You can just put it into a spreadsheet and have one line for the 1st mortgage payment and one for the 2nd. You can use a mortgage calculator to arrive at each number and then plug into a spreadsheet, and then add in your other expenses. Excel has it's own function to calculate it if you're handy with Excel, but otherwise just go online, punch in your specifics of each loan and get the monthly payment.