Real Estate Rewind Starting overhttp://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-bookGood Luck Paul

We're killing the principal balance!

Well for non performing notes the due diligence is critical and getting a complete set of collateral files sometimes can be a challenge.

Real Estate Rewind Starting overhttp://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-bookGood Luck Paul 

Assuming 20% financing (60,000 down payment), 4.5% interest rate, 25 year loan, which would be a total principal and interest payment of $10,691.23 for the year your Cash on Cash Return or ROI would be 10.5%. 

Being new gather all the information you can and start creating a mental filing cabinet.My moto is....Be So Curious That People Thing You are A Thief.Franklin

Real Estate Rewind Starting overhttp://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-bookGood Luck Paul 

Real Estate Rewind Starting overhttp://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-bookGood Luck Paul 

When devising a balloon payment you need to look first at the agreed terms, amortization and rate, this gives you a schedule for the principal remaining at the end of each year.

Real Estate Rewind Starting overhttp://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-bookGood Luck Paul