13 June 2019 | 150 replies
and they lent 100% of acquisition and rehab and accrued monthly payments so all U had to do was pay for utls ?
10 May 2022 | 4 replies
My question is whether we can hold the mother/son liable for the unpaid rent that has accrued since September to date or did their responsibility end when the tenant of record died.
12 October 2024 | 8 replies
Pays power but water /sewer are unpaid for 2 years & accruing in my name & they won’t shut off water to an “occupied” house.
28 July 2024 | 32 replies
The key features that make it more efficient that are hard to replicate else where is that the interest is simple interest similar to commercial loans (rate/365Xbalance daily), there’s a 20 day grace period before the prior period’s accrued interest is billed/added to your balance outstanding so you can keep chipping away at your daily principal balance with your deposits from days 1-19th each month before prior month’s interest is even billed (on the 20th/21st usually).The current CMT or constant maturity treasury index is less volatile than prime index that most heloc’s are based on (most bank commercial lines are based on 3-5 year FHLB + 225-275 BPS or 2.25-2.75% margin).
14 January 2023 | 2904 replies
The #1 reason people buy a home, SECURITY, via accruing equity.
29 April 2024 | 248 replies
Your preferred return will continue to accrue and will be paid at the next capital event, or when cash flow allows.
23 April 2024 | 30 replies
For example, 7.5%.3) The difference between the 7.5% and what the actual rate would be (3.75% + SOFR = 9.33% - 7.5% = 1.83%) is then accrued for the lender and collected on the backend, before LPs receive any principal.Counterintuitive but lenders are more likely to modify into the terms above if there's no common equity left than they are if common equity remains.
13 August 2015 | 10 replies
They would not have this sort of program unless they believed that it increased their overall bottom line.Sure, some people can responsibly maintain balance transfers and always pay their debt before interest starts to accrue.
1 February 2016 | 32 replies
What if the lease signed by the tenant states that the SD does not accrue interest?
24 August 2022 | 166 replies
—During a period of forbearance described in this subsection, no fees, penalties, or interest beyond the amounts scheduled or calculated as if the borrower made all contractual payments on time and in full under the terms of the mortgage contract, shall accrue on the borrower’s account."