When people use the rental debt snowball approach, do they typically pay off their personal mortgage first or would you pay off the rental mortgage first? Looking for advice! 🏡
What's the general opinion of BP members about the viability of Smarter Contact SMS marketing?
My two cents on the pros and cons are:Advantages:Probably the primary benefit of prepaying a mortgage is personal peace of mind. In addition, borrowers pay less total interest overall when paying off their mortgage ea...
I am a buy and hold investor and have just been saving up my 25% down payment and purchasing. However it has become harder to find a good deal in this market. So I decided to look into refi to get a lower rate.
My ...
Hi, I have found my dream commercial property. Its a commercial retail space that has had 150,000k of upgrades. It was a old building run down and the city purchased it and fixed it up using TIF and then gave it to a ...
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So, let’s say I am considering the topic and idea of the prioritization of paying off loans.To me, it only makes sense to consider the principle of the question for the initial prioritized list. I believe that conside...
im will be starting my first construction project next month. Once done the building will consists of a commercial space and 2 residential units. My construction loan of $400K will automatically convert to into a mort...
Hello, all,
I just recently joined BP after enjoying the podcast for some time now and I feel I'm in a great position to find / acquire my first rental property for house hacking, and would love and appreciat...
Hi everyone,
I have a question about how much in excess of the interest is paid in each payment of a fixed rate loan. Suppose you have a 100k loan at 6%. An example from investopedia shows a schedule of
Payment
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