
30 September 2024 | 4 replies
I would be maintaining and designing the site for free.

1 October 2024 | 6 replies
They handle:Monthly Payment ProcessingEscrow for Taxes and Insurance: They ensure property taxes and insurance are paid, which is essential to protect your interest in the property.Record Keeping: They also maintain records, which can be invaluable if any issues arise during the term of the loan.ConclusionGiven the details of your property and the $200,000 sales price, a possible scenario could look like this:Down Payment: 10% ($20,000)Loan Amount: $180,000Interest Rate: 8%Amortization: 30 yearsMonthly Payment: Approximately $1,320 (principal and interest)Balloon Payment: Due in 5 or 7 years (this allows for refinancing or payoff while giving you some flexibility).These terms are flexible and can be adjusted based on the buyer’s credit, down payment size, and negotiation.

30 September 2024 | 3 replies
By doing so, you can maintain an investment property while still accessing funds to support your cash flow needs.

30 September 2024 | 5 replies
I would just point out that when you get involved with syndications as a LP, you are basically handing over your money and crossing your fingers that the guys you are hooking up with are honest, fair, and will take care of you well.

1 October 2024 | 5 replies
In a lot of cases, there was a drainage system installed but it was not properly maintained and therefore doesn't work.

30 September 2024 | 10 replies
As you scale up, consider efficient property management through a company, to keep your properties well-maintained and tenants satisfied.

3 October 2024 | 14 replies
**Interest-Only Options**: Some DSCR loans offer interest-only payment options, which can maximize cash flow in the early years of ownership, making it a great choice for investors focused on maintaining liquidity.5.

29 September 2024 | 12 replies
With an ARV of $400-425k and an LTV of ~62%, pulling out your initial investment while maintaining positive cash flow around $500 per month sounds like a good strategy.

29 September 2024 | 17 replies
Commit to spending less, paying off high interest credit cards, maintaining positive cash flow in your personal finances, and cleaning up your personal balance sheet.

2 October 2024 | 12 replies
The file is limited on what it can do, and misses the mark on things like depreciation recapture or like-kind exchanges, which will impact returns, but it’s fairly sophisticated relative to what you can find out there or if you were doing it yourself with limited knowledge.