I was thinking he should ask for everything he put down out of pocket, plus all principal paid so far, plus a "fee" for his trouble, to include storage/moving expenses, dealing with the BS, etc.Sounds like $10K might be a good round number?

Target your planned time (36 months) to be at a specific equity level by paying your principal down.

The basic principal for us is that we don’t care much about cash flow, although we do like to break even.

Any of the deferred interest was added to the principal amount of the loan.

I have 10 properties in total, and these are the two which have the least favorable financing terms and also the lowest principal balances as $39k and $6k.

Payments don't change much as when you get deeper into the amortization and at a lower principal amount lenders refi with shorter amortizations keeping payment at an amount worth fooling with.

You assign a contract, double close, buy in an LLC and sell the LLC or some other technique that makes you a principal to the deal, but the basic idea is you find a buyer, find a seller, put them together and collect a fee.

you're right, it was a good deal, however, in principal, it's wrong because the HOA is taking advantage of real estate conditions.

Also for investment properties any forgiven principal is considered income and will bring tax consequences.The first thing to do is really just ask the lender.

.) $1,000 Monthly Rent; $500 monthly will be applied to principal balance 4.)