The 3% interest rate is an important part of this calculation because the principle paydown portion of your payment is significant, I'm going to guess you owe about $300k on your loan which would make it about $7k per year.

After 5 years you will need to refinance or balloon payment.

Thats alright, for my first investment I'd really just like to cut my mortgage payments down so I can save money for my first true investment property. 

Hi.I am looking for a smaller, around $50,000. line of credit to be flexible for down payments, construction cash, and/or just to have in case of unexpected repairs. 

Secured a private loan interest only payments until final sale of property.

Hello guys listen Dj comes off as a soft toned guy who’s knee deep into helping you Telling u his background an how there gonna sky rocket your business or get your business started or evolved then once he gets your payment he falls back poor communication no follow up from his so called 6figure vp i begged to just let me out of this scheme but he sweet talked me again with more access to more software which i never  ever used i don’t know how to use an i explained to him but he’s the type that gets offended when u call him out on his bs then he Makes you feel like your wrong he flips the circumstances making it seem like your in the wrong an it’s his software this creep ****er is a hustler please don’t waste your time or MONEY the *** hole played me out of 1000.00 bucks a month ago but today 4/23/20 he attempted to draft another 1000.00 but good thing i don’t use that account anymore i didn’t receive the welcome packet nothing i really hope this helps please RUN the other way this POS is a user and a manipulator i hope this helps!

I need to find somewhere where my mortgage payment will be less than my current rent so I can build on my savings if I go this route. 

Between appreciation and our payments we have 50K-75k in equity. 

Take a look at this: Instagram One Time Payment Rentals

I have a few owner finance properties now but my plan moving forward is to wrap a refi and sell it to the end buyer on payment plans.