
30 August 2018 | 4 replies
. - Payout: Upon sale and paydown of bank debt, Class A shares get their principal, then Class B shares get their principal, then Class A gets their 20%. - The Sponsor isn't taking a management fee (I presume they are majority owners of Class B).I would be investing $50K into the Class A shares, due in 90 days.

30 August 2018 | 6 replies
The rent from my tenant nearly covers my whole PITI (Principal, interest, taxes, and insurance) payment.
5 September 2018 | 21 replies
(saved about $5k in interest at least).All my HELOC payments in the last 15 months went to Principal.

31 August 2018 | 2 replies
The dealer pays you interest only payments for 30 years, with the principal paid back at the end of 30 years in a balloon payment.

5 November 2018 | 3 replies
Purchased with a 3% down FHA loan and a handful of additional principal payments, I have only about $20k in equity of the property.

13 April 2019 | 1 reply
Might be best to just try to pay more each month on the principal or sell the car and buy something in cash.

13 April 2019 | 2 replies
I agreed to effectively a short sale: mortgagee sold property and I received all proceeds, which did not quite cover the principal amount and thus didn't cover any of the accumulated interest.

19 April 2019 | 68 replies
Ultimately the sellers ended up accepting the 183k, I put down 10% instead of 20%, since it was my principal residence, not an investment property.

14 April 2019 | 1 reply
The variable interest rate on the loan is currently 4.5%.So, if I were to draw 50,000 from the HELOC to pay for this rental property, my minimum payment for the first month would be $750, of which about $188 would be interest, and the remaining $562 would go towards the principal.

15 April 2019 | 6 replies
One alternative may be for your father to take a loan from his retirement account.In order to be able to do so you father would need to be separately self-employed (although not necessarily on a full-time basis as I know that he just retired).Regarding taking a 401k loan: If your father is self-employed with no full-time employees & he could set up a Solo 401k, rollover the funds and take a 401k loan from the Solo 401k.He can borrow up to 50% of the balance not to exceed $50,000.The repayment terms are equal monthly/quarterly payments (as you prefer) of principal and interest (e.g. prime + 1%) spread over a 5 year term (or longer if you will use the loan to purchase your primary residence).