YiBing T.
HELOC to pay for mortgage
25 April 2018 | 10 replies
Another thing that helps maximize the strategy is the amount of cash inflows a person has each month or the amount of inflows because on a revolving line the interest is calculated daily or on an average daily balance like what depending on the LOC (line of credit).on the All in One or AIO loan from CMG the interest is calculated daily and swept or added to your balance at 12AM each day so all your paychecks, rental checks from rentals, or stock dividends, distributions from your business, or etc can be used to lower your balance by 12AM each day and lower your total interest costs.Most HELOC's or lines of credit calculate interest on the average daily balance which is like all balances within the last 30 days divided by 30 which is not as efficient as the AIO's daily sweep but close.The third method of interest calculation is the 30 year fixed which amortizes or calc's interest every 30 days or month so extra principal paid into this loan after the 1st of the month doesnt lower the incremental interest on the reduced balance till next month.
Tanner Queen
Sale Leaseback Strategies and Comparison
22 November 2020 | 4 replies
That new vehicle is likely to be a passive, LP position with a very strong sponsor / operator relationship I have where his money could be pulled out or reinvested after 24 months and would achieve roughly a 10% cash on cash return payable in quarterly distributions.
Matthew Bridges
New member and investor
23 November 2017 | 5 replies
Is there an email distribution or some facebook group I can join?
Collin S.
Pay Contractors Upfront Out of Escrow?
20 November 2017 | 3 replies
Am I able to have title company issue checks to my name for repair costs and then distribute funds myself accordingly?
David K.
Multifamily Fixed Rate Financing for 25 to 30 Years in CA?
29 November 2017 | 10 replies
In hearing the requirement for the HUD FHA, I don't think that's a loan we would be interested in looking at given the higher reserves, requirement for audits and necessary approvals on distributions from the ownership entity.
Ross Musil
Tax Advice and Tips for a new real estate LLC
24 November 2017 | 5 replies
The partnership will then distribute a "K-1" to you and your partner.
Jose Quintana
House flipping advice and partners.
23 November 2017 | 7 replies
Hello allI want to get into house flipping.I am a plumber by trade and city water distribution operator by profession.
Ayanna Derrickson
How to invest with an Annuity
1 December 2017 | 2 replies
., taking a taxable distribution); you usually can't have it both ways where you keep tax deferral but also get to spend the profits.
Jeffrey Gagnon
looking for experienced carpenter advice
23 November 2017 | 10 replies
The knee wall idea (done properly with top and bottom plates and 16" OC) will transfer and distribute the weight load across the entire length of the house which will in fact catch those intersecting bearing walls.
Brian Schmelzlen
What has worked best for you in finding a deal?
28 November 2017 | 4 replies
Tell them your requirement and ask to be put on their distribution list.