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10% down 10% interest 5 year ballon amortization Can someone explain to me exactly how this works please. 5 years 10% interest - does it mean for 5 years you only pay interest?Thank you!
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I'm considering self-managing my 3 rental properties, but unsure of the best way to take rental payments online. Any suggestions would be welcome. I'm basically looking for a site that I could direct my tenants to and...
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How is equity percentage calculated for properties? Estimating the percentage is something I can imagine, but there are variables that I cannot pinpoint. For example, how much a buyer paid in down payment, and the amo...
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Can my llc, with 4 partners or so, put money together for the down payment on a conventional commercial loan? Will those terms be different that if an individual was doing it? Any Kansas City area commercial lenders t...
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Hello! Are there any veterans out there that were able to purchase 600k-1million dollar multi-family units while in college?I found out that in Illinois you don’t pay property tax at a certain % disability rating and ...
I am trying to learn how to analyze rental properties. Below are some numbers that I put together for a duplex I'm looking at. Built in 1987. Each unit is 2 bed, 1 bath, about 1000 sq ft. Both units are currently rent...
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My buddy has a 3.75 on his single family home and is encouraging me to shop around for a lower percentage. Because my credit score is below a 740 (709) and the townhouse is below 100K, I believe that has reason to do ...
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I’m interested in obtaining a Roth Conversion Calculator that would analyze pros and cons of a Roth conversion vs keeping IRA. Calculator should provide amount of conversion tax payments needed, one or multiple conv...
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Hi there. So I have a property that according to the bigger pockets calculators will cash flow $100+ per month but the 50% rule is -901. My question is what do I do with this information. Why is the 50% rule so negati...
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Any feedback on this progressed-based payment schedule for a $450K remodel project?Should there be more specific milestones like flooring, appliances etc? Possibly withhold a little more for job completion? Maybe 15%....