Account ClosedWe're at 4.5 // 30 year // and we have 301k principal balance left We got an quote for 4.125 // 30 year  

. : )  If I have 100 people each year and 90 of them told me to "go to h&ll" on the commercial real estate side but the other 10 said they needed my help for commercial real estate and I close those deals at a 100k commission apiece that is 1 million to me as a principal broker.Do you think I give another second of thought to the other 90?

: Standard Rules of Thumb: 2% rule - you are at 1.15% (not bad or good, depends on other expenses) , 50% rule take 1150 - Principal Interest Payment only, to estimate whats left over Assuming you will be managing yourself once you move out.

They prefer that you be licensed just so there are no blurred lines of acting in the capacity of a realtor, but that does not mean you can't wholesale in Ohio.The bottom line is Wholesaling is legal because by signing that contract you the buyer has gained "equitable interest" in the property and have now become the "principal". 

One principal purpose of the accredited investor concept is to identify persons who can bear the economic risk of investing in these unregistered securities.Unlike offerings registered with the SEC in which certain information is required to be disclosed, companies and private funds, such as a hedge fund or venture capital fund, engaging in these exempt offerings do not have to make prescribed disclosures to accredited investors.

I will use the acronym “covered entity” in this article, inasmuch as my principal focus herein relates to seller financiers engaged in captive finance and retailers and communities now covered by this rule extension.FinCEN can issue regulations requiring financial institutions to keep records and file reports that are determined to have a high degree of usefulness in criminal, tax, or regulatory investigations or proceedings, or in the conduct of intelligence or counterintelligence activities, including analysis, to protect against international terrorism.

It offers principal protection and steady returns.

Pay off the 50k principal in 5 years.2. 50k HELOC.  

"Gross income shall not include gain from the sale or exchange of property if, during the 5-year period ending on the date of the sale or exchange, such property has been owned and used by the taxpayer as the taxpayer’s principal residence for periods aggregating 2 years or more."

Run the numbers and see for yourself.One thing to keep in mind when looking for an FHA owner-occupied triplex or fourplex is that 85% (75% in some states) of the market rents on all units (including the one you will be occupying) need to cover your monthly payment (principal, interest, taxes, insurance, and mortgage insurance).