Hmmm...To calculate the interest earned by an investment of $25 per month at 5% interest per year where you make a year's worth of payments, you take the first payment and add one month's interest to it ($25 x 5% x 1/12).

I have family in Fl and grew up there.I have enough saved for a down payment, FHA or conventional up to 50k.

Also, the builder is going to need periodic payment draws as the project progresses.

In a volatile interest rate environment the cap rates have significant lag time in reflecting the interest rate at which the property can secure.

With the new Business Owner/Investor continues to pay the Mortgage with a service company so payments Principal and Interest go to the Bank as scheduled per the original MortageHow can the new buyer do a wrap (#subject to) with the #first #lien for the underlying mortgage where as the Seller equity is in the second position?

In addition, I had to pay an additional 1% down payment so that there was time for the loan to get transitioned to the final lending institution before interest accrued and exceeded the max approved credit limit before I had a chance to make a payment.

Determine the preferred method of payment and communicate it clearly to the tenant.6.

I spoke with my attorney for eviction. but my brother who use to work debt and bill collection told me if this tenant is on social security and works under the table at a job I can't garnish his wages because disability and social security are protected which I find ridiculous since he has been living for free guess these deadbeats know the system so well to get away with things.

During Covid  other loan types got modification deals, not so much with VA loans.Department of Veterans Affairs is going to review every file with one late payment and check the deed, check the fire insurance.

He also states they don't have enough for the down payment (which he says he needs $230k for the downpayment).