She has built a real estate investing business from little money to being wealthy by balancing negative and positive cashflowing properties.

The risks assumed by each aren't in balance, consideration isn't equitable.If you want to get by on the cheap, use an EM Note. :)     

Then I would find a way to have whatever the balance is paid off in full"If the purchase price is more than the existing financing, I try to convince the seller to take a promissory note for their equity in the form of a second mortgage or second deed of trust, no payments for five yearsI tell the seller that they'll get all their money at the end of five years

Since you never know the exact date you will be paid off, it usually specifies the principal balance, any other charges, and the daily amount owed.

. - A conventional loan (also tax deductible) and try to take advantage of being able to cancel it with Automatic termination when my mortgage balance reaches 78% of the original value of the property (no appraisal) or Final termination when I reach the midpoint of my loan when it's interest-only product, have a balloon payment, or were given forbearance by my lender. - Or avoid mortgage insurance altogether while putting no money down by utilizing a combo loan.

Real estate is an important part of a balanced portfolio.

Now they will use a percentage of the Unpaid Principal Balance (UPB) of each loan.The percentages are based on the number of financed properties:2% of the aggregate UPB if the borrower has one to four financed properties,4% of the aggregate UPB if the borrower has five to six financed properties, or6% of the aggregate UPB if the borrower has seven to ten financed properties (DU only).The aggregate UPB calculation does not include the mortgages and HELOCs that are on the subject property, the borrower’s principal residence, properties that are sold or pending sale, and accounts that will be paid by closing (or omitted in DU on the online loan application).

There is a lot to learn but you can get balanced information here and every sort of opinion, both balanced and un-balanced. ;)  Best of luck to you.If you know anyone in St.

I'm strictly talking about equity earned by making mortgage payments (reducing your principal balance) versus positive cash flow.  

**Escrow balance has been calculated into the price and will transfer to the Buyer along with title.