@Joseph HenryIt works the same on an adjustable rate mortgage - if you pay extra it reduces the principal balance

I am a retired RE Broker with decades in the business and thinking of returning to it as either a Wholesaler or a Fix and Flipper, areas I have completed before and have experience in, and, having performed a lot of due diligence, I once again have been confronted by con men saying they are not gurus then try to sell me a service at $97 per month, or $129 p/m ( billed annually, with no trial period and no refund which comes out to being charged (1,548.00 ) along with other shysters charging upwards of $20,000 for a level in which I could actually MEET the Guru and bow before him in abject humility and profess my undying devotion to him for his enlightenment, while making my wallet lighter and my stress greater.

Quote from @Daniel M.: I’ve been using Stessa for a while and definitely appreciate the value of having a CPA who knows how to leverage the platform for tax planning and strategy.

However,  they will want to be in the better situated areas of Fishtown or Northwern Liberties and are willing to pay $3,500+/m (many homes renting for $4,000+).

Bought in 1999 for 120k. 7.5% interest rate with pointsRents when purcashed: 500 and 600 - Total 1100/m80% of 120k at 7.5% = $671/m (Just mortgage payment - no Insurance and taxes included)Today:Property is worth 560kRents are 2000 and 2200 - Total 4200/m4 years left of payments.Rent increased almost 4x and value almost 5x2.

@Joseph Back thanks Joseph.

Quote from @Greg M.: Based just on income and rent, he can't afford the unit long term, and he likely knows that.

Quote from @Joseph Miguel: @Paul Merriwether and @Christie Gahan, 'fair return' is a constitution right of owners under US and CA constitution.

Quote from @Matthew M.: This is why my first property is literally down the street from me and my contractor lives local and known him for years.  

@ Stephanie M.