Hector Espinosa
Seller Financing Advantages and Disadvantages
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?
Jorge Borges
Has anyone worked with Tardus Wealth Strategies?
15 January 2025 | 144 replies
Our primary objective as coaches is to help clients ask the right questions, develop the right criteria, and identify potential red flags.
Richard Benjamin Wilhite
1031 Multiple Lots into 1 or more Multi Family Property/ies
16 December 2024 | 6 replies
Most are looking for an option to find a property quickly that they can identify and close.
Tom Pappas
Future Housing: An Analysis of Container Home Senior Housing
19 December 2024 | 8 replies
Today, I want to share why I've pivoted to developing container home senior communities and the investment analysis behind this decision.Background:Running a distressed property fund taught me to identify undervalued opportunities and market inefficiencies.
Bob Dole
Cost Segregation -- What is the true benefit of the accelerated depreciation?
9 January 2025 | 32 replies
Partial Disposition Benefit: In a cost segregation study, components of a property are identified and depreciated on shorter schedules (like 5, 7, or 15 years).
Tom Hall
is it a good idea to pay of my mortgage fast?
6 January 2025 | 28 replies
Leverage will not change the effort or risk in the areas OP identified.
Paul Novak
Small & Mighty Real Estate Investing
21 January 2025 | 14 replies
This may be because (1) until recently interest rates were trending lower so if the lender is getting a higher rate on subject note than he can obtain on new note there’s no monetary incentive to call the note (2) in the past technology did not exist to identify the property transfers (ten years ago county recording docs were not online) and (3) the lenders rather collect payments than own property.
Anthony Sigala
Is the 1% rule dead in Arizona?
20 January 2025 | 31 replies
@Anthony Sigala that "Rule" was created for mostly Class B properties BEFORE the Great RE Crash of 2008-2010.Values after the Crash dropped so much, that it could also be used for Class A rentals.Values are now more than their pre-crash highs, so the rule now only applies to Class B & C rentals.How are you identifying Class B & C submarkets in your area, so you can properly apply the rule to the right rentals?
Mustafa Shaikh
RAD Diversified Review — It Wasn't Pretty
19 January 2025 | 147 replies
We're committed to providing a top-notch experience for all our investors, and your input helps us identify areas for improvement.Transparency, responsiveness, and reliability are core values for us, and your insights have highlighted where we can enhance our services.
Timothy Franklin
First time funding?
11 December 2024 | 8 replies
Hi Patrick,I am looking to identify hard money lenders and private money lenders, as well as seeking advice on how to begin funding the first few deals we take on (or if we should even use outside capital initially) My personal credit has been a 15 year battle (due to 2 divorces, multiple identity theft incidents, and most recently a breach of contract dispute with a creditor (they want me to keep paying them but not provide agreed upon services).