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24 April 2021 | 1 reply
Additionally, if you really wanted to pay off your mortgage faster, you'd always have the option to pay more towards the principal.
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26 April 2021 | 4 replies
You’ll only pay cap gains and recapture on principal payments you receive.
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28 April 2021 | 25 replies
Riddell, 383 U.S. 569 (1966), the Supreme Court held that “primarily” means “of first importance” or “principally.”
24 April 2021 | 0 replies
The only thing subtracted from this amount for lending purposes would be the principal payment?
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28 April 2021 | 2 replies
As a principal residence you will have to use her income and see what they qualify for.
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4 May 2021 | 14 replies
That will turn it into your principal residence and then you can sell it under IRS code 121 and not have to pay capital gains.
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28 April 2021 | 1 reply
The loan could be fixed interest payment (private lenders are typically 8-10% APR), it could be floating rate loan, it could be deferred payments (i.e. you make no payments on the loan until refi, at which point you owe principal and accrued interest), etc.
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1 May 2021 | 3 replies
Total Active RE = $30k (you still get back your principal and profit at the sale).Bucket 2: You passively invest $250k across five syndications that average 8% COC.
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1 May 2021 | 2 replies
For example, I noticed principal pay down is substantially more impactful on returns if leveraged (which I will be).
29 April 2021 | 4 replies
My mortgage is about 975 on a 30yr conventional @3.5% - including tax and pmi, and I pay 1000 to put a little extra toward principal.