12 July 2021 | 0 replies
Generally speaking during a refinance investors get the vast majority of their investment money back, yet the property is still held and investor shares remain the same, so you can proceed to reinvest your money in other projects while continuing to hold interest in the project you invested in.Prepayment Penalty: Predetermined penalty set up front by the lender in case the investor group prepays the loan faster than expected.
7 January 2022 | 10 replies
I'm trying to remain patient, as this is their "acquiring properties" period, and I do feel Noelle is trustworthy and knowledgable with A LOT on the line.
13 July 2021 | 0 replies
This rule is based on the Trinity Study, which showed that you can spend 4% of your nest egg and remain relatively reassured that your funds would last over 30 years (95-100% chance based on a 50% stock / 50% bond portfolio).
15 July 2021 | 5 replies
I would look into raising the rent 9.9% with 90 days notice and see if that motivates her to move.
14 July 2021 | 19 replies
This rule is based on the Trinity Study, which showed that you can spend 4% of your nest egg and remain relatively reassured that your funds would last over 30 years (95-100% chance based on a 50% stock / 50% bond portfolio).
21 July 2021 | 8 replies
Purchase forever home with remaining $Our biggest question that we would love advice, thoughts, suggestions, ideas, etc. is: What would be our best bet investment to add cashflow to our job income so we can qualify for the right price we are looking for on our forever home?
14 July 2021 | 7 replies
They will be sending you a check for the remaining months.
14 July 2021 | 10 replies
If you are motivated to buy a property and have a specific criteria nailed down…I’d think it’s a pretty simple conversation to have.
14 July 2021 | 2 replies
This individual has offered a $50k down payment and I hold the note for the remaining balance of $55k at 7%.
19 July 2021 | 8 replies
Remain patient and diligent (not easy).