Sebastian Nadal
Looking to House Hack in Chicago for the first time
8 January 2025 | 6 replies
My principal/interest, escrow, and insurance is 1570, and my HOA is 306 and it includes water.
Zach Schofel
RE Developer and Proptech based in NYC
29 December 2024 | 2 replies
Excited to join the BP community.About myself - I am a principal of a RE development company and co-founder of an proptech company.
Raul Velazquez
REI in Vancouver, BC
17 January 2025 | 9 replies
This is not the best way to invest in real estate as you lose out on principal pay down but it gets you instant income that you can make mostly passive by hiring out the property management.
Matthew McCarty
Started out, need advice. Already have one property and have 100K in the bank.
2 January 2025 | 4 replies
I pay $875 (including principal, interest, taxes, and insurance) and rent it out for $1,625.
Mordy Chaimovitz
Crazy prices on 2 and 3 flat buildings in chicago
13 January 2025 | 11 replies
@tom shallcross summarized this well in another post and just inflate your numbers up for a $665k purchase price and $2300/mo per unit for rent.Borrow 80% which is like $3700/mo for Principal, Interest, Taxes, and Insurance.
Tim Holt
House Hacking in expensive markets - MA and RI
4 January 2025 | 14 replies
Principal buy down that occurs with each payment met.3.
Stephanie Menard
Expensive lesson by leaving one clause out of rental agreement
19 January 2025 | 41 replies
At this point, it’s the principal.
Mike Levene
House Hacking In Expensive Markets
16 January 2025 | 23 replies
I agree, its easy to say oh I want cash flow, but ultimately, most of the gains are made with appreciation and principal paydown over long periods of time.
Tom Hall
con and pros of payingoff your mortgage
26 December 2024 | 2 replies
I would like to have lower monthly payments should I make a big lump sum payment towards my principals and ask my mortgage company to adjust it or refinance it or which one is the best ?
John Burtle
Building my first spec home!
22 January 2025 | 28 replies
Its hard to do return on investment since we are getting principal back starting year two as we sell..