Nicholas Dillon
Am I Correct About the Way I'm looking at the BRRRR as We Begin 2025
30 December 2024 | 2 replies
typically (as you probably know) you buy something distressed, with either cash or hard money, you fix it up, and then you refinance into long term debt.
Sabian Ripplinger
should i use hard money to grow quicker
23 January 2025 | 7 replies
If not, at least make sure that you get a term sheet.
Mike FitzPatrick
Life Bridge Capital?
19 January 2025 | 2 replies
Difficult to tell from the website exactly what type of Passive Investments are available: Fixed Term or Open-Ended.
Tiarnan Gormley
Nearly 18 and need advice on REI while i'm away overseas!!!! HELP!!
25 January 2025 | 24 replies
Doing short-term rentals would be very interesting.
John Williams
short term rental or longterm for more cash?
16 December 2024 | 14 replies
I have a duplex that I rent out long term and cashflow $1100 a month.
Kareem Hammad
New Agent Wanting To Learn About Investing Too
18 January 2025 | 10 replies
Price point I'm not sure on yet, I've been slowly learning about all of these terms over the past month.
C.S. Bryson
Is this a good deal? 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.
Jason Hanton
Anyone take STR Secrets Cohosting Course?
22 January 2025 | 10 replies
I"m not sure you could find a better group in terms of knowledge and support.
Kristen Swan
Asking Tenants for further information after being approved. ( I'm the Tenant )
20 January 2025 | 1 reply
I noticed their business is listed as an LLC on their Zillow profile, and we also found that they have a few other unrelated LLC businesses that didn’t seem to work out for them over the years and were short-lived.
Makani Donaldson
STR in Hawaii
8 January 2025 | 10 replies
https://www.planning.hawaiicounty.gov/resources/short-term-v... has the details.So with that said, I have had several clients purchase STVRs and have great success.