One of our staff would calculate interest principal hand write it in the book and mail it back.. that went on for 5 to 7 years which were the terms of our notes.

Hi all,I have two recent mortgages both at $175k principal and 6.625% fixed for 30 years.

DSCRs may have a slighly higher interest rate vs. conventional, but you need to look at whether the income from the property will cover the monthly principal, interest, taxes and insurance and still allow you to cash flow.

It always depends on the property and/or the principals. 

Kyle (one of the principals) is honest and had integrity which is why I trust him with my clients.

I was under the impression that you could only use this once (Second home Loan) with a conventional lender and anything after your principal residence and second home loans it will have to be an investment loan with a minimum 20% down.I'm interested to hear more about this please

Since 2006, we've borrowed over $300 million in private lending and have a 100% track record of paying clients back with principal and interest. 

- Is it possible to avoid paying taxes if we just re-invest all the money to pay down the principal on the new mortgage (residential)?

I check the SEC, FINRA, ratings websites for inside information on the principals in the company.

I also would not pay any additional principal until you have dedicated reserves for this property - STRs can be more volatile than LTRs so you'll want to be more aggressive about hedging that risk.