If you got a 12 month loan for $50,000 you'd pay back $50,000 plus the interest.Like @Taylor L. said, you're typically paying interest only every month, so if you had a $50,000 loan for 12 months, and the interest rate was 12%, you'd pay a $500/month interest payment.

@Cody L.

When & How to Serve your Mechanics LienB.

Originally posted by @Cody L.

It's an easy read and serve as an invaluable resource.

It's also fascinating they serve something like a 50 mile circle of Toledo - something I personally have avoided as it's challenging enough simply to manage within Toledo proper.They use Appfolio like I do and on their website you can scroll through their available rentals.

We just don't know how the Columbus area works in terms of what our P&L will look like in terms of the L side.)Thanks to all!

@Andrew L. you should look into the conventional low down payment programs.

Short of sharing my quickbooks P/L (which is currently being worked on by my bookkeeper), I don't think people will be convinced (or more likely the same people will still write negative posts with no real meaningful discussion)It's the exact same thing when I shared about traditional rentals buy/hold investing.

Death taxes and probate are outdated concerns and are not what destroy modern day wealth.Current estate planning is NOT serving modern society and families.