Ask Ron – Jimmy B.

7 Responses to Ask Ron – Jimmy B.

1. Wally Cook says:

   June 13, 2012 at 8:21 pm

   A 3/1 might as well be a 2/1 with a home office or work out room. In other words, a 2/1 with a bonus room.

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2. James Noullet says:

   June 14, 2012 at 10:47 pm

   Thanks Ron another great question

   Reply
3. Cresencio Mandujano says:

   September 8, 2012 at 4:04 am

   Thanks Ron another great answer

   Reply
4. Chyanne Ford says:

   July 24, 2015 at 5:18 pm

   wonderful answer.

   Reply
5. Joyce Tessman says:

   August 17, 2015 at 9:39 am

   Q: I am wondering how you calculate the buy-out price to the Seller and from the Buyer at the end of the 3 yr. period. ie: do you draw up an amoritization schedule to calculate what the buy-out price will be? I assume the principal is being paid down/mo. Do you use 0% interest and is that acceptable to the IRS?

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6. Matt Prchal says:

   December 7, 2015 at 9:27 am

   In this type of situation where the investor is going to be moving into the house and taking over the debt, would you move out and try to find a find a buyer about a year before the balloon is due so that you’re not responsible for the ballon when it comes due?

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7. Thomas Digiovanni says:

   January 2, 2016 at 3:43 pm

   great answer..

   Reply