
19 January 2025 | 8 replies
., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?

20 January 2025 | 14 replies
But the numbers is where it starts.

30 January 2025 | 34 replies
I recently listened to their interview with The Real Estate Guys Radio Show and it's great to have a forum like here where we can hear from people's own experiences.

20 January 2025 | 1 reply
Alternatively, I could explore loan recasting, where the lender recalculates my monthly payment based on the reduced principal, keeping the original loan term intact.

21 January 2025 | 6 replies
Just wondering if anyone has an recommendations on reliable resources thanks in advance 29 rentals if they are at full occupancy, depending where they are located, should be great cash flow.

23 January 2025 | 11 replies
It is a 4-Unit property where we are living in one unit and renting out the other three.

21 January 2025 | 3 replies
Luckily I did have a clause where the sober living company is paying all repairs and maintenance unless it is structural issues.

17 January 2025 | 3 replies
Or even better problems they are facing others might face where the hosts weigh in with how they have or would have dealt with the problem.

19 January 2025 | 2 replies
After 5 years, my wife and I decided to make a change and moved to Nashville TN where I work as a project manager on projects ranging from several million on up to around 300 million.

19 January 2025 | 2 replies
Where do you suppose the water will go?