Fakaradin Floyd
Advice on my STR pitch and overall Rental Arbitrage advice (Alexandria VA)
30 December 2024 | 89 replies
I want to utilize my arbitrage to obviously use for my personal life but also to create a hefty fund for investment properties later on the line.
James Zobrisky
What to do with Cash Flow
31 January 2025 | 17 replies
There is virtually no reason to keep “cash” on hand for repairs.
Sean Dunbar
Looking for advice to invest 965k of equity
16 January 2025 | 4 replies
Once you have a handle on that then you can decide from that point.
Michael W Hauck
New here wanting to learn more about real estate investing
13 January 2025 | 1 reply
And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?
Peter Tverdov
Featured Agent Feedback from Agents?
13 January 2025 | 4 replies
I was a Platinum agent in NJ in 2024 so just trying to expand on that with lead flow but I am very skeptical of the lead generation through BP and have been for years frankly.
Darien Hernandez
Private Lenders: What Returns Do You Expect on 1st Lien Owner-Financed Deals?
16 January 2025 | 5 replies
It kind of depends on the type of properties you're looking for funding on.
C.S. Bryson
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.
Jonathan Greene
5 Reasons You Aren't Making Connections With Clients on BP as an Agent
30 December 2024 | 12 replies
Most are folks that have the emotional control of a 5 year old, controlling attitude, an omniscient narrative in every thread & topic, act like an online hall monitor, and constant attention seeking.
Steven Moutray
New to REI, Building foundation
16 January 2025 | 3 replies
.## Strategies: Flipping, BRRRR, House Hacking- **Flipping:** Focus on properties that need renovation but have good potential for resale.
Jake Gasperi
Seeking Advice on Wholesaling in the Des Moines Market
12 January 2025 | 2 replies
Focus on what matters, not on things that have nothing to do with what drives the desired results.