
27 November 2021 | 41 replies
I would encourage you to go to https://joefairless.com/work-joe-3/ and schedule a call with Joe.

8 December 2022 | 1 reply
Then, contact your lender to ensure an appraisal for the property is ordered and scheduled.

20 December 2022 | 8 replies
Not only are there no banks or traditional lenders involved, owner financing doesn’t necessitate an inspection or appraisal unless the buyer wants them.Once a buyer and seller agree to terms, monthly payments are made to the owner-seller according to an agreed-upon amortization schedule.

5 February 2017 | 57 replies
Cash is king, as they say.DO get started into wholesaling if you are able to plan, budget, and schedule expenses appropriately.

18 December 2022 | 5 replies
I haven't looked into 4-Plex financing structures in a while and wanted to see if my assumptions are reasonable for a property we are underwriting.Does 25% down at 6% on a 30 yr amortization schedule work for a simple investment acquisition, or are there better options?

10 November 2022 | 6 replies
I’d happily attend as my schedule allows, but I’d need to get through this year before committing to organizing and/or facilitating one.

27 March 2017 | 104 replies
This is the one reason why I utilize this because it's absolutely predictable that it will follow a Financial Mathematical Schedule of Principal and Interest Payments, as well as Balance reduction.Because the Amortized Mortgage is absolutely predictable, and I for one follow the RULE "If you can Predict it, you can Profit from it", I actually look to Maximize this within reason.So while I put down 20% for an Investment Property to maintain a level of skin in the game and reduction of risk by having an attractive interest rate, I generally take about mortgages around $1 Million or above.That is because the Mortgage, being paid by my renters, will follow a very predictable path, one which will make me a millions as each one gets reduced or paid off.In fact, if you receive ZERO cashflow but your Million dollar Mortgage disappears in 30 years, you have effectively made an average of $33,333 PER YEAR for 30 YEARS.And, if you consider that the Mortgage Interest is deductible, especially for a Rental Real Estate Business, you have earned even more than the Million dollar mortgage.For some reason, this kind of thinking is not taught ANYWHERE that I have seen.
15 April 2021 | 37 replies
Our lender has been calling her and emailing her so she knows we have been approved by lender and we're scheduling to close w/ Title this week.

18 December 2022 | 2 replies
More work scheduled.

18 December 2022 | 5 replies
Failure of the Board to meet their fiduciary duty by properly funding all reserves and responsibly budgeting for all routine operating expenses will lead to unexpected increases in your monthly fees, and poor quality of maintenance and repairs which will affect the entire project.