
5 April 2016 | 4 replies
My plan is to pay down the principal as much as possible over the next two years then refinance.

7 April 2016 | 8 replies
If you take out all the principal and equity of the ARV as one loan, then the IRS sees that as income.

5 April 2016 | 2 replies
Why not pay principle only payments using a LOC every couple of months that will lower the principal faster and level of interest you end up paying on the back end?

11 April 2016 | 5 replies
I am currently a Vice Principal at Franklin High School in Portland, Oregon.

27 June 2018 | 92 replies
Principal pay down.So let's go back to the illustration of buying a $100k house and paying it off, cash flow of $10k per year (your example said $1k/mo which equals $12k/year, but let's go with $10k for ease of calculation).

4 May 2016 | 23 replies
You are correct, you did not say to commit loan fraud.HUD states:"You may only break the owner occupant requirements if you relocate or establish residency in an area outside reasonable commuting distance from his/her current principal residence.FHA security instruments require a borrower to establish bona fide occupancy in a home as the borrower’s principal residence within 60 days of signing the security instrument, with continued occupancy for at least one year.Important: Under no circumstances may investors use the exceptions described in the table above to circumvent FHA’s ban on loans to private investors and acquire rental properties through purportedly purchasing “principal residences.”

7 April 2016 | 9 replies
This Independent Contractor's agreement spells out allowed activities for the brokerage with you being a licensee there.The principal broker can dictate what type of business you focus on and where.

6 April 2016 | 5 replies
He's responsible for 25% of the recaptured depreciation, his gain on the sale is taxable as it is received in principal as a % of the payment and he will have interest income earned just as with any other interest at his tax rate.

7 April 2016 | 11 replies
from my quick math you if you break even on cash flow, you are still gaining 600/ month in principal pay off.

19 May 2016 | 20 replies
I don't know how to calculate an amortized loan pay down since the interest amount changes every month because the principal gets paid down every month.