Aristotle Kumpis
Is it possible to buy with no money out of pocket?
31 January 2025 | 14 replies
The key is by leveraging OPM (Other People’s Money).Do you have private money lenders in your circle who might fund the deal in exchange for equity or some interest?
Stepan Hedz
Scaling a Distressed Property Portfolio: Strategies for High-Volume Investors
30 January 2025 | 0 replies
You’ll face hurdles like maintaining a steady deal flow, securing funding, managing renovations efficiently, and optimizing your exit strategies.This guide highlights key strategies for investors looking to transition from single deals to a scalable, volume-based distressed property investment model.1.
Benjamin Bieber
Rent to Retirement
30 January 2025 | 2 replies
Do not simply trust a turn key provider, a wholesaler or even a real estate agent that is supposed to be looking for your best interest.
Gil Canfu
🚨 Dallas Real Estate Investors - Need Your Insights! 🚨
30 January 2025 | 14 replies
As always, make sure to run the numbers carefully and factor in local property taxes and HOA fees, which can vary widely in North Texas.Delayed gratification is key in real estate investing, but with patience, the rewards can be life-changing.Best of luck with your search
Sarah Rilling
What Questions To Ask When Joining A Mentorship Program?
24 January 2025 | 3 replies
Here are key questions to ask before committing:1.
Ryan Bono
Multi-Family in Little Rock Arkansas or Columbia SC
22 January 2025 | 10 replies
Do you have a price range (or down payment target) and are you ok with some rehab or do you prefer turn key?
Joshua Simmons
Introduction to myself
20 January 2025 | 8 replies
I currently work with investors in a few markets in TX and outside of TX on creating a turn-key portfolio and helping them manage on the back end.
Alba Cheung
tenant has not paid for 4 months and this's what happening now.....
15 January 2025 | 15 replies
You could offer cash for keys to get her out-NEVER hand over any money until they are out and you have the keys and signed paperwork that they are out of the property.
C.S. Bryson
Is this a good deal? Looking for advice on my first investment
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.