Not sure if this would be the exact section to put this so sorry ahead of time if it isn't.I was hoping to discuss the idea of making an additional principal only payment on my mortgage every month.

From September-April of 2019 we will be making a payment out of pocket toward the principal that will pay down an extra $4,800. 

Every penny we get over in rent we apply towards the principal of her condo.

I called Chase and they said that they also charge a quarter of 1% of the principal along with the monthly interest payment.

This is a 100% of assessed value of property.If you temporary move from your homestead and do not establishe a principal residence elsewhere you keep your exemption for 2 years. 

  $100,000 deferred principal balance, about the same balloon payoff penalty, or $172,000 to bring it out of default to make it eligible for a refinance. 

The following are maximum LTV/CLTV/HCLTV ratios for purchase or LCOR when HomeStyle Renovation mortgages are underwritten with DU* (note that borrowers can also qualify for up to 105% CLTV with eligible Community Seconds®):- One-unit principal residence to 97% LTV/CLTV/HCLTV with FRM; 95% with ARM (Available in DU on March 17) (Note: For LTVs > 95%, on purchase transactions, the borrower must be a first-time home buyer unless combined with HomeReady; for LCOR transactions, the loan must be owned or securitized by Fannie Mae.)- Two-unit principal residence to 85% LTV/CLTV/HCLTV with FRM/ARM- Three- and four-unit principal residence to 75% LTV/CLTV/HCLTV with FRM/ARM- One-unit second homes to 90% LTV/CLTV/HCLTV with FRM/ARM MH LTV/CLTV/HCLTV ratios principal residence to 95% FRM/ARM; second homes to 90% FRM/ARM (Note: 105% CLTV is not permitted with Community Seconds)    - One-unit investment properties: Purchase up to 85% LTV/CLTV/HCLTV with FRM/ARM LCOR up to 75% LTV/CLTV/HCLTV with FRM/ARM

Ground Up Construction loans (for 1-4 unit investment properties).The principals of 11 Capital Finance have been in the commercial lending business for over 20 years and know how to properly advise a borrower on any type of commercial real estate transaction.

Its always better to get your principal back to go do another deal.I like to take a macro view and tally up all the deals/investments at the end of the year and see what the net profit/return is.That way you can average all your deals and you may also end up with an out-sized PROFIT house that averages out the small 5K profit you made on this one.Like Lebron James says, just try to get better at your craft every day..!

If doing the owner financing we always do principal only payments.