Andrey Shostak
What kinds of calculators would people find useful?
12 January 2025 | 7 replies
Or a seller finance calculator showing the monthly payment based on negotiated price, interest rate, down payment, etc.
Tayvion Payton
Would You Pay an 18% Premium for Seller Financing at 2%?
19 January 2025 | 8 replies
On the surface, the deal seems appealing, but there's a catch: the asking price is $475,000, which is about 18% over the market value (based on comps and DealCheck estimates around $402,000).Details of the DealProperty: Duplex, 2,400 sq. ft., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?
Arun Maheshwari
Investment property in Houston
21 January 2025 | 8 replies
Rentals are tough based on the rents vs the purchase price of homes out there.
Jonathan Sanchez
Pricing Strategy - What is your approach?
16 January 2025 | 13 replies
I adjust pricing based on demand, like raising rates during peak season or local events, and lowering them in slower months to stay competitive.
Karen Smith
The Rise of Private Lending: What's Your Experience?
13 January 2025 | 12 replies
I also completely understand the frustration of navigating through "Joker brokers" and fake lenders who promise more than they can deliver—one of the biggest challenges in the industry today.Regarding your approach to accrual-based repayment options, that’s a huge help for flippers managing tight cash flow, and it's great that you offer that flexibility.
Brandi Jefferson
Hi! I'm happy to finally join the community!
16 January 2025 | 20 replies
OK, since you don't see Tampa as an MF option at this point (maybe @Raymond J.
Stephen Patton
Newbie & Confused
21 January 2025 | 2 replies
There is 3-5% down payment options you can use.
Jose Mejia
refinancing a property from hard money lender
19 January 2025 | 15 replies
If you don't meet that 12 month seasoning requirement and/or want to hold the property under an LLC, a debt service loan may be a better option.
Casey Wilson
Advice on strong Detroit Metro areas for rental property investing
17 January 2025 | 5 replies
I'm California-based where there aren't any real deals in my area, so I'm exploring Detroit as an alternative real estate investment market - due to the combination of it being a strong market and my having connections in the area.
Pravit Jarriyapurttipong
Buffalo New York Mutifamily
14 January 2025 | 4 replies
Class A properties are going to cost you more, have lower cash flow, yet be more attractive to a higher quality tenant base.