Horacio Gutierrez
How does a ARM 5/1 loan work
5 December 2018 | 6 replies
On a 100K loan at 5% the principal and interest payment is $537.
Ramel Sherman
Over a month later out of state agent still has my $1K EMD
6 December 2018 | 12 replies
In this situation, your first step is to ask your Realtor, if no results, make contact with the Realtor's Principal Broker (Boss).
Tom Lewis
Looking for Income property Kaua’i Hawaii
10 December 2018 | 5 replies
Personal use also includes time spent at your place by another party under a reciprocal sharing arrangement (“I use your place in exchange for you using my place”) whether the other party pays market rent or not.Days devoted principally to repairs and maintenance are considered days of vacancy and are disregarded, even if family members are present while you work away.The tax drillVacation homes in this category are treated as personal residences for federal income tax purposes.
Amy Yarnall
HELOC- gone? other products?
8 December 2018 | 15 replies
Payment is 1% principal balance monthly, not interest only.
Patrick Fraire
Negative $800 cash flow/month to help family friend?
12 December 2018 | 91 replies
The only thing I might consider for the short term, and only if the prospective tenants were much closer to being qualified, is to charge the market rent minus the mortgage principal.
Chad Kastel
New Partnership for buying property. And sweat equity
9 December 2018 | 13 replies
@craig garrow These deals do have drawbacks.
Bhanu P.
Self Directed Solo 401K Checking account
6 December 2018 | 5 replies
This is a key drawback of using an IRA custodian to provide a Solo 401(K).
Cason Acor
Dedicated bank account for individual entities?
9 December 2018 | 7 replies
The debate about the benefits and drawback of this approach is like Ford v Chevy.
Jay Hinrichs
Investors land in the path of progress for diversification
11 December 2018 | 20 replies
this is high risk high reward.. we optioned this ground for 5.5 million in 09.. we pay 120k a year all goes to principal in yearly option payments.. so I don't know crazy maybe..
Stefan Grossett
Pros & Cons to REI while being a licensed Real Agent
7 December 2018 | 2 replies
Your e&o insurance doesnt cover you when you are a principal to the transaction.