I bought my primary residence property for roughly $100K when I was 23 using an FHA load that I got through lendingtree.com (yikes) and over the past 4 years I have paid weekly installments on my mortgage in order to accrue equity faster before I even thought about investing in real estate.

Out of curiosity, what neighborhood is it in?

In which if not paid by the end of the month can accrue late fees.

I have spoken to a famous SEO company for REI just out of curiosity.

During the interest-only period, only interest accrued each period must be paid, and a borrower is not required to pay down any principal owed.

Just out of curiosity I’m interested in learning how others values small muti-family unit buildings (3 to 4 units).

If it takes you longer than expected to rehab and sell the property, you can easily lose money simply because of the interest that accrues.

Do I need to actually pay my tenant every year, or do I just include the accrued interest with the security deposit (minus any expenses for damages) at the time the tenant moves out?  

So does simple interest mean that I only pay the accrued interest as a monthly payment?

Hello everyone,Yesterday I saw a fsbo sign next street over to my parents house and decided to call out of curiosity.