Taxes accrued this year as owner occupied are paid next year at the 1% rate with all the current deductions.

The silent loan doesn't accrue interest, it just gets paid when you sell.

HELOC's are cool because they don't accrue interest unless you draw on it.

We understand that sometimes you may need a little more time; therefore, we give an additional 5 days’ grace period each month for instances when you cannot pay by the 1st.If you do not pay your rent by the 5th of the month, this is what to expect:On the 6th, $100 will be added to your total due.On the 6th, you will be given Eviction Notice, at which time you have 3 days to pay your rent and late fees in full, or you will have to move.On the 7th, an additional $5 will begin accruing each day until your rent is paid in full.By the 10th, if we have still not received your rent payment and late fees, you will be evicted.What’s Going to Happen if You Are Late with RentIt gets expensive!

I'm going to go with the former of what I just described - you bought the certificate for the 2019 taxes that were due in 2020 but sold in February 2021 - for this next part of my explanation.The way the 3 year redemption works in Arizona is this: The 3 year time period starts on the day you purchased the certificate (February 16, 2021 for example) - not the year the taxes were accrued (2019).

Granted initial STR income is generally lower until you accrue reviews/credibility, but overhead will also be higher than you estimate, squeezing potential profits even more.All STRs numbers are inherent local, but if you’re not seeing higher margins than traditional LTRs (which have a much lower overhead) why go STR at all?

Interest starts accruing the day credit is withdrawn.I have some assumptions here, but don’t want to trip up.

Some of us will allow interest to accrue depending on the deal and the borrowers experience.

Cap Rate at Exit The cap rate is the rate of return, the extra income you are bringing home each month that has accrued from your investment.But If you think about it, the cap rate is like your money tree.

When you get deal specific, you want to ask if there is a pref, and it so, does it accrue?