
15 January 2025 | 15 replies
When I looked into IRA accounts, I found that it didn't do service to my situation.

7 March 2025 | 8 replies
People typically don't even tell the lender of the change because in theory the lender could call the loan due based on the "due on sale" clause, but this is exceedingly rare from what I understand.

9 March 2025 | 13 replies
There are a lot of strategies and much of that depends on what type and how much income you have.

7 March 2025 | 11 replies
Put it on Facebook Marketplace, here on BP Classifieds, whatever other social media platforms you're on, etc.Worse-case, put it on the MLS (a problem if you are NOT an agent, but then find one to work with!).

10 March 2025 | 1 reply
The Tenant Classgreatly impacts rental income stability and property maintenance/damage by tenants.Both Property Classand Tenant Class affect what type of contractors, handymen and property management companies will work on a property.If you buy & renovate a property in Class D area to Class A standards, what Tenant Class will rent it?

16 January 2025 | 0 replies
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.

8 March 2025 | 7 replies
Feel free to PM me, I'm happy to pass on friendly tips!

5 March 2025 | 7 replies
I want to build a small SFH or STR on it.

6 March 2025 | 3 replies
I have a 2.5% assumable VA loan with over $520k remaining and the homes price is $785,000.I considered posting in community forums on FB but that’s not allowed.

9 March 2025 | 6 replies
I'm a broken record at this point but most of the cost of those coaching upsells are just grossly inflated and half the time you're left on your own after you pay the money.