Did you recoup your principle?

I'm thinking I can do prime for 2 years I/O with draw downs against the principle when we do Construction Loans.  

I was able to get three of the classes waived from my undergraduate business degree and just had to take : Real Estate Appraisal, California Real Estate Principles, Practice, Law, and Finance. 

I strive to keep the same principles with my contractors that you mentioned.

Small town near Florence and Darlington (where they're have the Nascar race this weekend) I believe its a little different market than where you are, but the principles should be the same.I love real estate.

While the cash flow is small it has built up over time plus I still get principle pay down.

The real failing of LegalZoom, from the perspective of a lawyer, is that the service does not adequately help you protect your personal interests a number of different ways; the first is that LegalZoom, absent additional fees, will not provide indepth explanation of how to maintain the corporate veil, basic accounting principles, and other common legal strategies that will completely nullify your asset protection plan.

Under these facts, the consensus is that such loans should be considered exempt from usury laws in states other than the state where the originating bank is organized due to principles of federal preemption that apply to state usury limits.The Think Finance case stems from a number of actions filed against Think Finance, Inc.

If my income is 15,000  (principle and income after expenses) a year on a $270,000 property and I apply all towards paydown while writing off 10,000 a year in depreciation, what will be the taxable income from the sale of the property assuming it sells for $270,000, 10 years from now and I put $80,000 at the purchase? 

Build strong with good principles and you will do great!