Matthew Chiarello
First time creating a seller financing offer
30 January 2025 | 3 replies
Seller will be taking a 30k+ loss with this route.325k with 50K down to seller, 3 years of payments $1600/month, and a balloon payment of 215k at the end of 3 years.Benefits to me: (1) 10k less downpayment, (2) with the conventional route, the loan would be at 228k after 3 years of payments, so I will gain additional equity with the 2nd option since I will owe 215k (presumably I will have to refinance at that time).Benefit to seller: she gets over asking price, 50K upfront and $300/month of cash flow.Does this offer and structure sound reasonable?
Alaina Rogers
New REI in New Hampshire. Seeking input on what to read/know about investing!
5 January 2025 | 8 replies
This is a great place to learn and further investigate investing in real estate.
Elijah Quinones
How to gain momentum as a real estate agent
3 January 2025 | 4 replies
I have always been surrounded by real estate and real estate investing since I was little.
Christopher Morris
Is Relying on Cash Flow Feasible?
21 January 2025 | 59 replies
Side benefits or PM besides free time.
Brandon Vukelich
3-unit STR/MTR $107k NOI on $187k REV
29 January 2025 | 12 replies
If it's worth $1.3 million today, it will be worth $3 million or more in 20 years, you'll have paid off the debt (or most of it), you'll earn at least $3 million in cash flow over those 20 years, and you'll have tax benefits.
Marisela Arechiga
To ADU or to Purchase Another?
14 January 2025 | 8 replies
But it can really help offset costs and pretty good return on investment at that value. 200k in philly puts you in Class C real estate at best, and you likely have to update it somehow.
Will Greenlee
RentRedi Personal Experience - Do not recommend - Noticed BiggerPockets promotion
28 January 2025 | 2 replies
BUT then, the tenant complained that they were paying for the credit boosting feature in RentRedi and would not be getting their credit-benefit if the other tenant didn't pay on time.
Joseph Manuel
Real Estate Salesperson License/Do I have to disclose if
15 January 2025 | 2 replies
Hello, Do I have to disclose my Massachusetts Salesperson License when buying an off-market property for investment purposes? And do I have to go through my brokerage even though it has nothing to do with them? I just...
Jon Martin
Anyone Using 5G Routers for Internet?
11 January 2025 | 6 replies
Speeds are all over the place just about any time of day.Rural areas can benefit from this but if I could go with Starlink, I would do that instead of a 5g modem.
Anthony Vaganos
DCSR vs Conventional with transfer tax
19 January 2025 | 8 replies
The benefits of the DSCR vs.