The borrower is not personally liable for the loan, and the lender cannot seek additional repayment beyond the collateral.Since the borrower is not personally liable, they can choose to make larger or additional payments to pay down the loan faster if they wish.

Right now you're earning 5.14% interest on your money, and you pay income taxes on every bit of that $1800 per year.Meanwhile, I won't even consider a rental property unless it pays me at least 10% cash-on-cash return and a minimum of $250+ in monthly cash flow.

For example, one bad tenant stops paying rent in January.

You can see the law firm who represented us and the price we pay the attorney.

Changing cabinetry after it's installed is generally expensive and looks piecemeal.If you put a dishwasher where the oven is, you'd have to pay a plumber to run a line back over to the sink and it will cut through that corner cabinet Basically, if you're moving stuff around, it is a big deal. 

Hi All, what is the best way to pay contractor who work on home repairs.

You can see the law firm who represented us and the price we pay the attorney.

Since you have good income, you should try to maximize equity build rather than cash flow (which you will pay taxes on if you take out of the property to pay yourselves).

By definition, if you pay full price for something you've added no net worth.

The cruise is free (gaming cross promotion) yet I had to pay taxes and port fees.