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14 November 2024 | 21 replies
For quick sale we are prepared to sell at the 1% rule of current rents and will consider owner financing with 20% down (30 year @ 7% w/ a balloon between 3-7 yrs).
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11 November 2024 | 16 replies
This was so important to our business that we covered the cost of these consumable kitchen supplies for all our owners.
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26 November 2024 | 86 replies
But our loan amort is 20 or 25 years with a 5 or 7 year balloon with a 1.5 point increase limit in the rate.
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21 November 2024 | 305 replies
Anybody can live in the large student housing complexes but there is a much more limited supply of rental houses near the University.
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11 November 2024 | 12 replies
One of the reasons there is short supply of housing is because guy bought a 5 bedroom in 1980 and he is paying $1000 a year for it.
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7 November 2024 | 3 replies
I plan to put down $100,000, leaving a seller-held mortgage of $150,000 at an 8% interest rate with a 3-5 year balloon payment.
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8 November 2024 | 4 replies
How do you handle contractor schedules and supply chain slowdowns?
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16 November 2024 | 12 replies
Also, keep in mind that some areas of the country that have lower-cost properties have a limited supply of property managers.
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12 November 2024 | 18 replies
To top it off my my 5 year balloon comes up next year and the interest rate almost doubles from where it was from 4.75 to 8%.
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8 November 2024 | 31 replies
The need is much much much greater and demand will continue to outpace supply.