Mortgage stays in seller's name but is paid by the buyer through a promissory note (aka contract)Mortgage Balance: $102,000 Interest Rate: 4% PITI: $531/monthSELLER FINANCE PORTION: Seller Finance: $300/month to seller for 53 months (4.4 years) = $16,000 Total House Payment: $831/month (PITI + Seller Finance)NOTE about CLOSING and seller: Seller would like to remain in the house until November 12th, 2024.

There are strict monitoring requirements to ensure that every gallon that goes into the tanks is either remaining in the tanks or has been pumped out. 

As we progress through 2024, commercial real estate shows a mixed landscape influenced by economic factors like inflation and labor market shifts.Office PropertiesThe office sector remains strained, with vacancy rates at a record high of 13.8% in July.

The idea is that the variable interest rate will remain lower than if it was based on prime rate.

Do you see this area continuing to grow or remain stagnant, especially with the potential downturn we may be facing?

Revisions to the most recent jobs data shows us that they were off by almost 1,000,000 new jobs being created which tells me the job market isn't as strong as we are led to believe which means were closer to a recession, lower inflation and subsequent rate cuts from the FED.

While staying at your parents' house during the week is acceptable, the property should remain your main residence.

Purchase price is 200k loan balance is 155K on mortgage statement but with the HUD loans it would add up to 177k including entry fee that would put PP at 200k Technically they are saying I'm only paying on the 155k the other remaining HUD loan that equal to 24k that is paid 2051 or when refinancing or selling this house 

Currently, after renovations, we have 2 remaining units to lease.

Sometimes tenants want extra TI on new development than is standard so developer gets them to start out at inflated rent.