I see a lot of sites saying that to calculate the monthly interest rate on a loan you just divide the annual rate by 12. So let's say we have a 100k loan at 5%. The first year your interest payment would be 5k if you ...

Looks like the IRS dictates that the seller who sells on terms has to declare the minimum rate (I believe it varies but is around 3%). Which means that if you ask for and get a principal-only mortgage, the seller is g...

Back in the good ole days (2000-2006) I was fortunate to work with a experienced private money lender that had a very easy loan approval process and simple terms for new ground up construction.The loan approval proces...

I have a private money loan on one of my rentals that I would like to start making double payments on.  The loan is structured with no early payment penalty and the application of payments as follows:All payments shal...

I have two single family homes a recently purchased.  Both are cash flowing nicely and I am wanting to go forward with a third.  Problem is I am running out of funds.  The way I see it, I have four choices.  1) Tap i...

How simple is it to find property and use hard money to finance the investment? What percentage of the mortgage should I have as cash or is a down payment still needed??
Also from that hard money loan, then in turn r...

Hey guys,
I have been looking everywhere for info on how a simple interest loan could be used as a supercharger on rental property cashflow by paying for literally ONE DAY OF SIMPLE INTEREST PER MONTH IN TX.
A coupl...

Hello, this is my first post and I am "stuck" emotionally on making an offer and wanted some thoughtful imput from the forums.My deal is located in an up and coming area 30 minutes from Charlotte,NC.  Its a all brick ...

Guys hi

I want to take credit line from my bank(chase)

just spoke with my business banker and she said that i can count on 10%-15% APR.

I am looking to get 30K credit line.

How do the interest and payments calcula...

I am wondering if this can be a solution for investors with more than 10 investment properties.They claim that "The property’s cash flow may be utilized for investment properties in lieu of conventional methods". I am...