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5 June 2023 | 2 replies
The struggle is that in the rising rate environment, if you want to recast a mortgage, someone might go from maybe around 3%, to a rate of 6% or more, and they really wouldn't see any reduction in their monthly payment," said Peter Idziak, senior associate, Polunsky Beitel Green.The draft concept appears to provide a mechanism through which the mortgage can stay at its original rate and the payment can be supplemented by a second lien loan that's applied to monthly principal for three to five years, after it absorbs any arrearages.
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9 July 2023 | 36 replies
If yes, flipping is a good plan if you are open to getting into some construction.Are you looking to just generate some cash flow to supplement your other income and maybe trade up properties every couple of years?
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19 October 2023 | 203 replies
I think a good amount of people own 1-3 properties and are content and although they can't live solely off that profit I will still commend them as they're supplementing income and/or if not already they'll someday own a few properties free and clear that they can hold or later sell for a big payday.
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16 January 2024 | 39 replies
Also, cashflow is so heavily talked about and held so highly that if it doesn't cashflow, forget it, but I come back to success looks different for each of us, you may just want to supplement paying for your housing by having a multifamily and only paying $500 of the mortgage instead of $2,500, that's $2,000 more you can do whatever with, save it or spend it how you want, all while still doing your day to day job.
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21 February 2024 | 7 replies
Do you have any equity in your home you could use to supplement you savings?
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29 January 2024 | 4 replies
But I want to set myself up so I have a stream of Income to supplement me when I retire!
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4 January 2024 | 24 replies
My long term goal is to have a retirement fund and some positive cash flow to supplement my career in the education field.
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24 February 2023 | 25 replies
Unfortunately, the Clerk there doesn't provide online access to filings so I can't read why the Defendants were objecting to the Plaintiff being allowed to file a Supplemental Reply to the Defendants' Special Motion to Dismiss filed 3/14/2022.I also assume you're referring to the U.S.
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8 October 2022 | 66 replies
That's what you'd need to supplement your income when the market cycles down...If you are flipping well/correctly, I agree that interest rates directly shouldn't be a driving factor.
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11 October 2021 | 36 replies
this is for businesses only and supplements 1099 reporting.