![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3155569/small_1733843030-avatar-aaronr427.jpg?twic=v1/output=image&v=2)
19 January 2025 | 18 replies
More on how that is calculated below.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2094379/small_1736999562-avatar-wishstr.jpg?twic=v1/output=image&v=2)
17 January 2025 | 3 replies
Adding the ex to the title could trigger gift tax implications, so keeping it simple is best.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/523854/small_1621481292-avatar-david_ivy.jpg?twic=v1/output=image&v=2)
18 January 2025 | 1 reply
In many ways, this is the best market for buyers in Austin in years.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/71550/small_1621414521-avatar-noddyholder.jpg?twic=v1/output=image&v=2)
18 January 2025 | 3 replies
Anyone know what the law is in New Jersey?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2843833/small_1695584024-avatar-sabianr.jpg?twic=v1/output=image&v=2)
23 January 2025 | 7 replies
Another way to ask this is what is your default rate.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2838605/small_1694881066-avatar-willamm.jpg?twic=v1/output=image&v=2)
16 January 2025 | 1 reply
Hey guys, just wondering if anyone knows of any HYSA that are used for Business or any other Business account that will give me a high Yield? THANKS
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3170232/small_1736984490-avatar-csb2.jpg?twic=v1/output=image&v=2)
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.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2397378/small_1646868544-avatar-ajw35.jpg?twic=v1/output=image&v=2)
22 January 2025 | 2 replies
If you're in the market for an STR on the Oregon Coast (or really anywhere for that matter) here are some tips to be successful this year: - Know your market.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/120949/small_1621417798-avatar-arq.jpg?twic=v1/output=image&v=2)
23 January 2025 | 56 replies
It isn't the fault of the education company but of someone who would have likely failed no matter what.