
4 April 2024 | 1 reply
The sky is the limit for these products, but they all have pros and cons (higher rate, lower terms, balloon payments, etc.).
5 April 2024 | 6 replies
To this, the two trouble-making unit owners got a letter of their own from their own attorney which basically again cited the condo-by laws without much context, and were factually incorrect as well.

3 April 2024 | 4 replies
I'm thinking 30 year amortization with 5-10 year loan with balloon at end of term at 5% interest.

3 April 2024 | 8 replies
(Heber City, UT)I bought a few acres of land in Heber City, Utah a few months ago slightly below market value on seller financing. Terms:$160,000 purchase price10% down payment3% interestBalloon payment in 5 yearsMy p...

4 April 2024 | 6 replies
I've done drastic increases before where I purchased a 6plex where the tenants were paying 700 opposed to 1550 being market rent what I did was i gave everyone a letter saying their rent would increase to 1,100 for 6 months and they would be month to month so they would be free to move at any point because at the end of the letter i put that after the 6 months their rent would be 1,300 for a 1 year lease after that and all 6 tenants stayed. 2 years later everyone is near market and only one moved.

5 April 2024 | 14 replies
Your offer will be strengthened and your eligibility as a buyer will be shown with a pre-approval letter.

4 April 2024 | 21 replies
Sending letters to sellers.Many people say put it in a personal envelope.
3 April 2024 | 16 replies
You'll be required to document that you can keep your existing job while moving to another state, or you'll have to document a new job you have in that new state.If you have a remote job, this is relatively easy to prove (email/letter from HR) and can be a great way to house hack.

3 April 2024 | 7 replies
I structure my deals with a down payment, and they carry back at 6% interest only with a 5 year balloon.