William C.
Amortization schedule not correct?
Can anyone explain why the numbers are different when I run an amortization schedule through a calculator than it is in real life. For example we borrowed $236k at 4% and a 20 year amort. Any calculator I use shows ...
A.R Shakir
Medical Office Building purchase
I need some advice, there is a medical office building for sale, NNN, 1.4 million with 5.8% Cap and 3 year increase in rent per year with 5 years remaining. Its a pediatric office and has been there since 2006, the gr...
Ryan Bradley
Can someone explain balloon mortgage to me in layman's terms?
Ok, so I am thinking of seller financing a home and it was advised I offer a certain % down and approach the seller about a 5 or 7 year balloon mortgage. I would make payments every month to the seller and at the 5 or...
Rasiel Algaze
Is Network Marketing worth it?
Hello everyone, I have some question you could really answer and hopefully clear some doubts in my mind. I recently went to a meeting of Network Marketing, and there is a company that is patnering with Amway. From I h...
Jack Bailin
How to structure lease in a House Hack situation
Alright, so I'm currently actively looking for my first deal, a house hack, and I have a few properties I'm visiting this week. All of them are multi-families, either 3 or 4 units. As I hope to have one under contract...
Chris Gould
Stop acting desperate with sellers! (Wholesaling)
Most of us get into this business to make money. I know what you're thinking...duh....but bear with me for a few more sentences. We have other motives but money is the key that unlocks everything else. And to make mon...
Bob Mazza
Security Deposit Question - Items left behind
Hello BP - It has been a while.I just had a tenant leave a unit after providing 30 days notice. He was a day late in moving, contacted me to say everything was moved out and when I arrived that was not the case, There...
Jeffery Bigsby
How do you flip Commercial Properties
I've read often and in several different places that it's possible to flip commercial properties or wholesale them as you would a SFR.
I can't imagine that you (as the wholesaler) would spend a lot of money in lega...
Brandon Laughridge
Rehab and Refinance
Given mortgage lending scrutiny these days, how are investors making rehab and refinance strategies work (at scale)? Is it feasible to buy using cash or a LOC, rehab, and then refinance a "batch" of properties via a ...
Brett Read
Property Analysis Scenarios
Hi BP!I'm looking for some advice on how many analytical scenarios I should consider and which scenarios should hold the most weight. I am currently analyzing deals in Providence, RI and I will be using a FHA 3.5% dow...