The formula you gave is for one month's interest on a NON-amortized loan.

I opted for added a $200 non-refundable deposit. 

Property LLC is owned by Holding LLCHolding LLC is owned by Jane Doe.If you were shutting down the LLC and wanted to just put the property in the name of Jane Doe who owns the holding company who owns the LLC.Do you actually need to transfer monies back and forth or would this be done by a journal entry as a non cash distribution?

When I told him it would be a very bad time to sell the mortgage notes as there were almost no buyers, he said he didn’t realize we were investing in non liquid assets?  

You don’t want to manage passwords, have guests making purchases against your account, have your account locked out, or explain to your cleaner how to find the % character on a 9 button TV remote do you? 

We invest in non performing loans and do some private lending as well.

Contractor for my first ever rehab project who can grow with me as I add new properties. 4 PM to ensure my first non-House-Hack rental operates well and can grow with me as I add more properties in the years to come. 

If you can set up as a non-profit you might get foundation/grant funding for you initial capital.

Open Floor PlanKnocking down non-structural walls to create an open floor plan can make a home feel larger and more modern.

@Matt WeddonLegally, you’re covered as long as you stick to objective, non-discriminatory reasons for rejecting someone (things like personality or ‘vibes’ don’t cut it in Fair Housing law).