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10 December 2024 | 5 replies
* House is a 2699 sq/ft Single Family Residence| 3 beds, 3 bathroom | Built in 1956 | NO HOA * There is a chance I could pay only interests so I can start saving some cash for the incoming maintenance and annual payment equivalent to the 12 monthly payments (~$5,029.77 per year during the balloon period)The advantages I can identify in this deal for me are:* Lower interest compared with traditional loans* Lower down payment compared with the ones compared for traditional loans* House is technically ready to be rented (waiting for the inspection) * Forecast - 3 yr growth (appreciation) is expected to be 8.1 % (Bigger Pockets)The disadvantages I can identify: * I am still vulnerable to foreclosure if sellers don't make mortgage payments to the bank.* Refinancing issues at the end of the Balloon Payment?
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17 December 2024 | 17 replies
The thing that would put it over the top, is when it gets a fully editable and printable scope of work builder, along with the ability to edit some of the other forms.
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10 December 2024 | 2 replies
It is restricting my freedom and ability to buy more properties.
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12 December 2024 | 10 replies
The most recent growth stocks in & out of the S&P-- Tesla is north of 100, Palantir 359, Coinbase 51, Microstrategy at -178, speculative but cyclical like Micron is 140.
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12 December 2024 | 13 replies
So for a mobile home not attached to land, you can write up a bill of sale?
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12 December 2024 | 2 replies
., and ability to verify receipts and transactions (the verification is done by upper management to check and validate the revenues and expenses)4.
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9 December 2024 | 5 replies
Many investors aim to jump straight into turnkey properties or multifamily deals to scale quickly, but the truth is that most people don’t have enough liquid capital to maintain consistent growth this way.
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6 December 2024 | 6 replies
During my investing career, I have found a great ability to manage all types of properties at a high level.
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13 December 2024 | 15 replies
The State of New Jersey has just passed a bill that would ban the conversion to condos for all housing only in Hudson County.
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11 December 2024 | 1 reply
A broker's track record and their ability to close deals successfully should be prioritized over the highest offer.