Breaks down how much goes to interest and how much goes to principal.

The four principals in my company go through this process once every year in the Fall whether we need to or not.

I think blood is running in the streets homes for prospective buyers are selling for historically low prices.So, I have two questions for you:1.Will you preserve your principal (the money that you’re putting in?)

So I should take a portion of the rent say the 50 to 100 range and put it towards the principal?

What are the chances of trying to purchase the property (i will be the principal) during the time of the Trustee sale (i will attend sale to track the sale) and before it is listed as an REO assuming no one buyes it at the Trustees Sale?

So if I sell after the renter is moved I will ge the equity out (and any principal repayment on the mortgage the renter paid for).

Any size, ANY STATE.Just sold two (237 and 336 apartment unit complexes here in FL at 4 and 9 million) and have people (principals) looking for other deals.I will not deal with anything or anyone too far removed from the source.Thank You

You can get more creative with your transactions if you work with a small time principal broker who doesn't have to deal with all the inter-office politics that go along with the large firms.

Paydown of Principal - the tenants should be paying down the principal on your mortgage, which is more equity for you.4.

i was wondering - if i have 3 rental properties that bring in say, $1000 a month each - $500 of which for each house (or $1500 total) a month goes to principal, does that mean that my tax break would be $1500 x 12 for the first year?