
14 November 2018 | 0 replies
All extra contingency, inspection, credit from reno costs is applied to your principal loan amount (you don't get your $ back from Fannie Mae!).

15 November 2018 | 3 replies
From what I have read, investigating the principal (company) that is putting up the offer to invest in their project is one of the most important factors, along with making sure the information presented matches the investors' portfolio needs.

16 November 2018 | 3 replies
If you gactor in that rents should have increased over 5 years you can use that to offset even more without cutting into cash flow.That being said, I have started to make extra monthly payments towards principal on the notes that will come up in the next 3 years for refi, which will bring the baloon amount down significantly.

19 November 2018 | 11 replies
I usually tell buyers that every $10,000 borrowed results in monthly PITI (principal, interest, taxes, & insurance) of approximately $70-$80/month.

22 April 2019 | 9 replies
Then the title company discovered there's a judgement on this person and proceed with paying back the judgement, the principal with interest was about $56k.

18 November 2018 | 7 replies
HML - 90% downpayment, 13.75% 6 month payback period, interest only Personal loan - 13.875% no money down, paying interest and principal.On a 30k rehab loan with 7 year term, I'd pay $555/mo ($355 in principal pay down and $200 in interest). 30k increase in my HML would result in $343 increase in monthly payment So the choice is: Pay down personal loan, lose more money out of pocket till refinance, smaller DP on HML VS lose less money, larger DP, and having to pay full amount later.

24 July 2020 | 11 replies
Smith, RA Principal Architect - Architect Owl

18 November 2018 | 2 replies
Loan amount (Principal)2.

2 October 2018 | 5 replies
Contract states 5 years and after that tenant would need to seek own financing for purchase payments made will only cover interest and taxes no principal.
5 October 2018 | 20 replies
Now I've "recovered" that liquidity and now that my proportions of principal and interest (PI) every month is much more in my favor than the bank's favor, it's just like having saved up all this time to go out there and buy another property.