
20 January 2025 | 32 replies
There have been a few comments along the lines of "new homes aren't built with the same quality as old homes".

17 January 2025 | 14 replies
I think the engineering issues on them have been resolved.I've used a number of different brands (lower price point) and haven't had issues with any of them.

12 January 2025 | 3 replies
Creative Financing" can mean a lot of different things depending on who you're talking with.

3 February 2025 | 37 replies
Short-short version it's hell on wheels.

16 January 2025 | 18 replies
I do not personally use him based soley on the fact that the firm is virtual.

17 January 2025 | 14 replies
I always loved having an HELOC on my primary residence as the answer for me.

17 January 2025 | 0 replies
I’m passionate about learning and improving my process to provide real value to investors, whether you’re focused on fix-and-flip, buy-and-hold, or any other strategy.Looking forward to your thoughts and insights!

16 January 2025 | 5 replies
It kind of depends on the type of properties you're looking for funding on.

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.

12 January 2025 | 1 reply
Just make sure you do you research on Manufactured guide lines and requirements.