If so, that would mean your loan amortization schedule would have only $2400 in Princ pmt.s over the first 14.7 years.

It’s a loan.....only the interest/fees would be taxed, not the return of the princ.

So caution.. if you use them... make sure you have a for real deal.. plus their fee's are of course since its 100% financing at the very top of what HML cost.. one thing I like to recommend those looking for 100% financing is just get a money partner give them the lions share for them putting up the money.. you don't risk money and you start to build your experience and credentials then after a few you can go to a regular HML like lending home that will do 80% or 90% with only a modest 190.00 fee up front.also since you made this post you will probably get private messages from the scammers that work BP telling you your all approved but then just wanted you to send them 500.00 bucks etc.. to show your serious or some other bull crap... also facebook and linkdin are loaded with those crooks.. they are nothing but totally scammers they don't lend they have no money they just try to hook you for the small up front fee then will go dark on you... think lottery scams and other Jamacian and Nigerian prince scams.

Hello Investors,My name is David Edge from PG county, Maryland. I am 31 years old and have no experience in Investing. My goal right now is to learn as much as I can so I can build a decent portfolio. I have wanted to...

Because there are definitely opportunities for a 2BR condo for under $300k in Northern Virginia - you can look in Prince William County. 

Prince George's has a slew of challenges compared to Montgomery County and Alexandria and Arlington County near by.

His real name is Lucifer, but he purchases under many different LLCs: Beelzebub, Mephistopheles, Prince of Darkness, Diablo, and many othersWho was the first flipper?

LOTS Of fake lenders work BP  face book linkdin etc.if you cant find anything on them I suspect you may have run into a fake.the telling clue will be1. rates too good to really be true or lower than industry norm2. too quick to approve you..3. they want a modest deposit up front and give some BS reason why the want it.4. no website ( although many fraudsters have generic websites website alone does not mean anything.5. check on licensing.. there are only about 12 states that require licesnes. not sure about our state thoughBut I would say 95% if you cant find anything on them.. and any of the things I said above are what they are telling you,, cheap rates small up front deposit.. probably not real and you will just lose your 500.00 bucks or whateverOh the other great one is you have to buy an insurance policy because your new or a little weak on the financial side.. there are NO insurance policies for private loans if you fail to pay.. that's just another fraudulent payment to a non exisitant entity.real estate lending has become the new Nigerian prince scam..

I am in Prince George's County Maryland

My keyword alerts include Capital Hill, Capitol Hill (Spell it both correctly and incorrectly), Silver Spring, Rockville, Arlington, Montgomery County, Prince George's County, PG County, Arlington, Alexandria, Trinidad, Dupont, Logan, Columbia Heights, Gaithersburg, Fairfax and so on and so on.