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17 March 2019 | 17 replies
They may or may not return positive or negative $200/mo each which I take it you don’t care about.
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4 March 2019 | 2 replies
I don't have any negative data points yet for these installs.We have also used Crestline for our primary residence.
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1 May 2019 | 110 replies
(In other words, my ideal retirement location if I can tolerate the humidity after 20 years in Vegas.)It’s an example of why you’ll see me as a defender of negative cash flow rentals still making sense.This property is about $200/mo negative, but it pays off $1870/mo in mortgage balance. (15 year loan).
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8 April 2019 | 15 replies
The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).Solo 401k vs.
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5 March 2019 | 10 replies
In Illinois, a buyer must submit their request for extension in writing, and the seller has a set number of days (usually indicated in the contract) to respond negatively if they do not wish to grant the extension.An appraisal is ordered by the lender or mortgage broker via a central directory of appraisers (often called an Appraisal Management Company or AMC).
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27 March 2019 | 23 replies
Most clients who have sold outright are $15k-$25k negative equity.
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6 March 2019 | 11 replies
You’ll also be able to view each account you have open and it’s relative effects.
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9 March 2019 | 15 replies
Smaller properties in well located areas usually have a slight negative or neutral cash flow.
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5 March 2019 | 5 replies
You increased your debt load, increase your risk, and it appears you will have negative cash flow?
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5 March 2019 | 3 replies
Recording a deed has ZERO effect on the mortgage, liens, and foreclosure process.Why would you pay $100k to someone in foreclosure?