JR Gonzalez
1031 into TIC/DST aaaaand into single family home?
17 January 2025 | 6 replies
This knowledge is key.
Kevin Green
Why Buffalo is the Hottest Real Estate Market of 2025 (Again!)
14 January 2025 | 4 replies
Several key factors contribute to Buffalo’s sustained real estate prominence:1.
C.S. Bryson
Is this a good deal? Looking for advice on my first investment
16 January 2025 | 0 replies
Remaining Balance: After the balloon payment, the remaining loan balance will be re-amortized over 5 years (60 months) at the same 6.5% interest rate.Payment TermsInitial Loan Terms (First 24 Months):The monthly payment for the first 24 months is based on a 12-year amortization schedule:Monthly Payment for First 24 Months: $1,573.39Remaining Balance at Month 24 (Prior to Balloon Payment):The balance after 24 months can be calculated using the amortization formula:Remaining Balance at Month 24: $157,113.92Balloon Payment:The balloon payment will be 50% of the remaining balance at Month 24:Balloon Payment Due at Month 24: $78,556.96Re-Amortization of Remaining Balance (After Balloon Payment):The remaining balance after the balloon payment will be:This amount will be re-amortized over 5 years (60 months) at the same 6.5% interest rate.Monthly Payment for Final 60 Months: $1,541.18Summary of Key Terms:• Purchase Price: $215,000• Down Payment: $43,000• Loan Amount: $172,000• Interest Rate: 6.5% (fixed)Initial Terms (First 24 Months):• Monthly Payment: $1,573.39• Balloon Payment Due at Month 24: $78,556.96Re-Amortized Terms (Final 60 Months):• Remaining Balance: $78,556.96• Monthly Payment: $1,541.18Additional Conditions:1.
Jorge Vazquez
My predictions for 2025
17 December 2024 | 1 reply
Collaboration, innovation, and ongoing education will give anyone navigating this market a significant advantage.Let me know your thoughts!
Tyler Mills
Transitional Neighborhood Indicators?
9 January 2025 | 1 reply
I understand some of the economic factors that can lead one to a particular city or province (or state), but unsure of some of the key elements as you funnel down below that level.Appreciate any insight.Tyler
James Sills
Where to start
15 January 2025 | 3 replies
The key is to start small, learn as you go, and work your way up!
Tyler Graber
scale from 1 to 2?
2 January 2025 | 7 replies
Quote from @Griffin Malcolm: Open an LLC and apply for a small business line of credit from Key Bank.
Arch Stanton
Thoughts on turnkey 5.5% cap with little cashflow with 70% LTV, Little Rock AR
13 January 2025 | 2 replies
The team members I've worked with are super nice, but I have to ask, are there significantly better turn key provider deals to be had with a little more patience/perhaps better expectations set from me?
Charles Evans
New House Hacker
18 January 2025 | 9 replies
If that's the case look into finding a handyman, and make sure to shop around for the best price.Stuff I have ran into:lost keys/lockpicking [hired]broken washer [fixed myself]shower door [fixed myself]AC clogged [hired]Microwave broken [replaced myself]holes in the wall [fixed myself] Thank you!