(Bankrate.com, calculators, show amortization schedule, then add in extra payments either monthly, yearly, or one-time, to get your payoff date)  Play with the numbers, decide what your goals are and see what works out best for you.

It really also all depends on the tenants that can make upkeep either a scheduled maintenance thing or a nightmare.

The deal is as follows: Eightplex in Hickory NCAsking price $210,000 (trying to get it down to 150-170k, but am using 210k for the numbers) Gross rents: $2,900/month or $34,800/year (Between $330-400 a door) Tenants pay all utilitiesI am requesting a 1040 schedule E and the T12's from the seller, but for now am forced to use the 50% rule. using that, operating expenses are $17,400 NOI: $17,400Cap: 8.28 Debt Service: $8,700Equity Dividend rate: 16.5% The area isn't great or terrible, probably a C or C+ area.

When you're scheduling week long projects, you don't want people flaking and backing out of the contract last minute. 

Bob Malecki , I will check out your meet up and put it on my schedule.

Hi Guys, My loan officer approved my jumbo home loan, but wants my house 100% complete before he schedules inspection with his appraiser.

The town has a whole year round schedule of events for people to participate in.

This is what I sent them:Offer is for a purchase price of $128,000APR RATE at 4% on 30 year fixedTotal cost of mortgage to us $219,993 Monthly schedule payments of $611Since they bought it for $36,000 back in the 70s, I figure there was a chance they probably refi or something, which I got a reply from them that yes they do have a mortgage on it and that yes they are interested in learning more about the possibility of selling it as Owner financing.So from what I picked up of all the threads is that LO or Sub2 is the way to go, I welcome you to take this post and chop it up.

I was hoping that someone from Virginia could give me some insight about this.Also, once the sale is scheduled, can the taxes still be paid to cancel the sale as late as the same day?

Is it on a Schedule E or a schedule C?