My goal: create an interest-free loan which is appealing to a potential homebuyer, yet doesn't make too big of a discount on my end.For example: If I sold my $300,000 house with 20% down ($60,000) over 30 years, at 6.7% interest rate: $1548.67 principal and interest per month1548.67 x 12 x 30 = $557,521.20What I would do would offer a lower monthly payment and no usury, but it would effectively be like a prepayment penalty.Arbitrarily, let's say 20% off the monthly payment, or $309.73 less per month: $1238.94 monthly payment.House would be sold at $446,018.40, which is $111,502.8 less than the total paid with a normal mortgage, but $116,018 more than the market price.

.• 3-year business plan goals achieved in under 12 months• Listed for sale at 2026 projected price of $1.875M• Accepted $1.825M cash offer from 1031 exchange buyer• Closed sale in Oct. 2023 to secure long-term capital gains• New Sales Record Set: $228K per unit sale price, the highest ever in Bridgeport CThttps://westfaironline.com/real-estate/bridgeport-mixed-use-property-breaks-record-for-price-per-unit-sale/ Lessons learned?

@Eric DeNardo tough to make it work if your goal is to get all your money back (ie down payment and rehab).

Hello, I am working on my financial independence plan - my goal is to generate a passive income of $10k a month.

However, say if your credit is really low or you are looking for a way to fund 100% of your project, it would be best to look for funding first.

Despite an initial plan for a longer hold, RCA has already achieved the projected NOI growth that was supposed to take 3 years.

Yes definitely . 70-75% are hard stretches and very easy to fall into the negative on the project 

What's your goal with the transaction & property? 

My goals would obviously be to get the best possible interest rate, and a 30 year term. 

I would be interested in knowing more details about your deal - build price, amount financed, cost of financing, and projected gross rents.