Every time you make a mortgage payment, a portion of it goes towards paying off the principal balance of your loan, which increases your equity in the property.

I would love to help out more with your decision, but I'm one of those lame people who signed up and paid lots of money but only got through the first lesson.Most of it is about wholesaling, which I decided was not the route I would like to go.I just finished getting my real estate license and plain on trying out some of his principals then with generating leads. 

Do they pay on the interest and the principal, or only one of them?

Would be ideal to try and qualify for §121 exclusion - which allows you to exclude up to $250k of gain for selling your principal residence ($500k for MFJ).

To protect the purchaser of the wrap-around mortgage, Texas Senate HB 43:provides for wrap payments to be held in a constructive trust by the seller for the benefit of the buyerestablishes that anyone collecting or receiving a payment from a wrap borrower in connection to a wrap mortgage owes a fiduciary duty to the borrower for the paymentsdiscloses the nature and risks of wrap transactions to buyers and offer consumers the right to rescind transaction/agreement when disclosures are not made timelydefines “wrap mortgage loans” as a residential mortgage loan:made to finance the purchase of residential real estate that will continue to be subject to an unreleased lien that attached to the property before the loan was madesecures debt incurred by a person other than the wrap borrower that was not paid off at the time the loan was madeobligates the wrap borrower to the wrap lender for payment of debt, the principal amount of which includes the outstanding balance of the debt and any remaining amount of the purchase price financed by the wrap lenderclarifies that a wrap mortgage loan may only be closed by an attorney or title companyprevents “house flippers” from registering as financial service providersprohibits a person from making wrap mortgage loans unless the person is licensed or registered to originate or make residential mortgage loansThe new law goes into effect on January 1, 2022.

Yes, principal/interest/taxes/insurance and any HOA dues are taking in to account for the DSCR. 

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

As time goes on, I believe this principal becomes even more essential.

You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.

I make millions annually transacting as a principal broker and owner of my company with clients.I also run a lean operation with employees extracting the most performance per worker.Many big companies tend to hire the crap out of every position having 30,40,50 people in the hopes they keep scaling.