All Forum Posts by: Robert Steury

@James Barry in fact, housing prices are presently going down in many places. This is due to the factors mentioned being impacted by COV19. It seems most leading economist believe there will be a deeper impact in 3-5 years on the housing industry. I have out my popcorn and plan to watch the show and look for opportunities. Best wishes to all.

The BB rental investment calculator seems set up for either interest only with no balloon or I&P with fixed term. I have a seller finance deal on the table where the seller is willing to carry an interest only note for 3 years with an I&P balloon at the end of 3 year term. I can't figure out how to make this work in the calculator. It seems set up for only fixed term I&P or interest only until paid off. Any ideas how to use the calculator creatively to overcome this seeming limitation? If not, suggest an outside source for making similar calculations with the financing structure I am trying to get my head around. Thanks all!

@Tim G. The family’s first Cov 19 act was just approved for this very issue of lost wages. But we will see how well that is disseminated into the population.

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