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2 February 2025 | 1 reply
TERMS- Deal Type: Seller Finance- List Price: $580,000- Purchase Price: $780,000- Seller Carryback: $693,000- Total Entry: $100,000 Breakdown: Assignment: $13,000 Down: $87,000- PITI: $2,657 Breakdown: Principal & Interest:: $2,000 Taxes: $464Insurance: $193- Rent: $5,250 ($750-800 per unit)- Amortization Years: 28.88- Interest rate: 0%- HOA: NONE- Balloon: NONE- EMD: $5,500- COE: Feb 12, 2025- Occupancy: Occupied, Occupants staying post closing- Title company: PROPERTY DETAILS:MULIT-FAMILY7 Units - 2B/1B per unit- Living sqft: 5,200- Year Built: 1940- Age of Roof: 1- Age of HVAC: New- Age of Water heater: New- Condition of Electrical: Good working condition- Condition of Plumbing: Good working condition
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3 February 2025 | 2 replies
I found a few that I liked and Melissa was able to help me quickly identify which ones were best for me and proceed with the purchasing process.
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29 January 2025 | 7 replies
Yes quite a few of our 5,000 options have rate and term or purchase!
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14 January 2025 | 9 replies
I would also do a property walkthrough asap and determine if the tenant will be occupying the property until termination is possible or leaving.
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17 January 2025 | 3 replies
With that she can determine, of the cash received how much should be set aside for taxes, then gift the ex-spouse a potion.
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21 February 2025 | 22 replies
They're the world's "canary in a coal mine".Climate change will be racing with population declines to determine which will have a bigger effect sooner!
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27 January 2025 | 7 replies
Asset sold was mainly transfer of client list and contracts.Does it make sense for me to seek out a note purchaser?
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27 January 2025 | 1 reply
I am wondering for those who have an LLC for their rental properties if they are purchasing properties with the LLC or if they are purchasing under their name and then transferring to the LLC?
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27 January 2025 | 9 replies
However, due to keep purchasing real estate, my DTI is high and close to 50%.
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3 February 2025 | 0 replies
This, in turn, allows for higher rental rates or quicker sales, directly impacting the ROI.I could remember when an investor purchased an old, three-story commercial building at a bustling downtown area.