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.

FNMA underwriting doesn't have a restriction on the second transfer and the note is still based on your personal guarantee.

@Erik EppersonYou're on the right track looking for a small multifamily or a house hack in Indianapolis, especially with properties sitting on the market.

For the rental at 9%, I would absolutely price out a R/T refi on it right now.

Your depreciation recapture is only a 5% premium to your federal rate (15 or 20%) on what has been depreciated. 

We have VAs that use triple line dialers and Pipedrive to run our CRM. 

We have sold on paperstac, lots of brokers on there that never close.

We lend on projects of this size!

She put her ex on the title and the loan is in his name.

Or are you just assuming this based on your own analysis?