All rolled into the loan and whatever you don't accrue, is credited back to you at payoff.This is what the fees are for from a Hard Money lender on a Property in Hampton, Va.

Private lenders let loans accrue.

Would I have to pay any of the taxes that have accrued over time (never mentioned in contract)?

If so maybe you can continue the process as his payment went to first pay for your evictions costs and then late fee and finally rent meaning he is still behind on his rent by about $160 and continuing to accrue the late fee adding to that number.I'm not saying this is the case and obviously someone versed on local laws (lawyer) is your best source of info just trying to give you some ideas here.

are you trying to avoid the interest on your books or the actual exchange of cash.. if its just to avoid the actual exchange of cash.. accrue the interest.

My wife and I are going forward with our goals in RE investing, looking to do a mix of wholesaling, fix n flip, and phase in buy and hold as capital accrues.

Total ROI (including appreciation and accrued equity)e.

You'll have accrued interest, forced insurance, property tax advancements, or back taxes, etc.

So I'm OK with accepting 8-10% cash on cash...still a few percentages points greater than historical stock market returns, and that's not inclusive of any tax benefits or accrued equity.I've been rather spoiled by my current condo tenants.

I realize you aren't really making payments (which is a good way to catch your sham transaction) but the note holder has interest earned, was that accrued income claimed, are you on a cash or accrual accounting system?