I wanted to share an article that came out in today's Denver Business Journal about BiggerPockets and the upcoming Summit.

Only the principle portion of the payment accumulates toward equity.To calculate first year pay down in Excel:Fill in cell A1 with the loan amountCell A2 with the term in yearsCell A3 with the annual rate (not APR, just the rate)In cell A4 put =-PMT(A3/12,A2*12,A1)A4 will be your P&I payment.

And they used my old appraisal I had done when I was working with Dominion.If u Want a real loan and great rate call my loan officer at Valley Natl Bank:  Chuck Drayton 904-318-5176 cell or 904-899–8021 office.  

Please feel free to reach out to me by PM, cell or email. 

I'm seeing guys standing out at the corner all the time lately.Marlboro in one hand sign around their neck and a cell phone in the other it makes me sick.

OK so long story short when I became an agent I wanted a second number and a local number (my cell is from growing up out of state...like way out of state), so I signed up for Tresta (mostly because BP had a code and you know I love to support!)

Aloha,In 30 years I have never provided my cell number to Tenants.

I am unwilling to work with any lender that won't give me their cell number.Maybe I am old school, but I take you on your word.

However the big question I cannot seem to wrap my head around is how it looks in a journal entry? 

I have a subscription to The Houston Business Journal.