What Is a Balloon in Real Estate? скачать в хорошем качестве

What Is a Balloon in Real Estate?

What is a balloon in real estate? Today’s video features Pace Morby giving an in-depth explanation of what a balloon is in terms of real estate investing. He describes what it is and the logic behind it through various examples of seller finance deals and what the payment process looks like for both the seller and real estate investor. He helps break down how balloons work through an example of a 30-year payment schedule, with a balloon at the 10-year mark. What happens after the balloon ends? Pace explains the different options for what can happen once the balloon term is over. He goes over three options for what the investor can do after the balloon ends: sell the property, refinance, or even negotiate with the seller. He also discusses a balloon extension clause, which is an agreement to extend the balloon if the property can continue to appraise and cash flow. Pace emphasizes that anything could happen when balloons are structured into a deal, and to understand what your options are during and after the life of a balloon. ► Get the Balloon Extension Clause Snapshot HERE! https://paceapproves.com/balloon-clau... ► Join The Subto Community & Learn Creative Finance Directly from Pace:✌🏼 http://subto.sjv.io/Y9aome ► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt ► Subscribe To My Second Channel: / @keepupthepace1 ► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success: https://getcreativepodcast.com/ ► The Ultimate Exit Strategy for Subto Deals: https://splityourpad.com ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: http://jointoptiercommunity.com/ —---------------------------------------------------------- ► Get Our Vulcan7 Code: https://www.vulcan7.com/pace ► Get Our BatchLeads Code: https://batchleads.io/pace ► Get Access To Privy https://Startwithprivy.com —----------------------------------------------------------- 🔌 PLUG IN & SUBSCRIBE 🔌 Instagram: / pacemorby TikTok: / pacemorby LinkedIn: / pacejordanmorby 🗝🗝 FREEBIES 🗝🗝 📑 FREE assignment contract: https://go.www.pacejmorby.com/assignment 📑 FREE wholesale contract: https://go.www.pacejmorby.com/wholesale 📑 FREE cold calling script: https://go.www.pacejmorby.com/coldcal... 📑 FREE cold texting script: https://go.www.pacejmorby.com/texting 📑 FREE foreclosure script: https://go.www.pacejmorby.com/foreclo... 📑 FREE disposition checklist: https://go.www.pacejmorby.com/dispo 📑 FREE comping cheat sheet: https://go.www.pacejmorby.com/comping 📑 FREE guide to pulling a water list: https://go.www.pacejmorby.com/water 📑 FREE guide for taking photos on appointments: https://go.www.pacejmorby.com/photos 📑 FREE seller lead form for talking to sellers: https://go.www.pacejmorby.com/seller 📑 FREE profit and loss template: https://go.www.pacejmorby.com/profit-... #RealEstate #Investing #CreativeFinance #Subto #RealEstateInvesting #PropertyDeals #RealEstateTips #Finance #InvestingTips 🚧🚧🚧 DISCLAIMER 🚧🚧🚧 ❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a YouTube video for entertainment purposes ONLY ❎