Hi, Could someone help me with how to deterimine a calculation for an investment property? I'm looking for the formula for a 30% down, 10% interest only for 3 years, on a 5 year note. Any help would be apprecia...
I understand that I should shoot for atleast $100/door after all expenses. how is thie calculated though regarding principle and interest on a loan? im looking at an 8plex and does the $100/door count if the principle...
As I understand, the recent CFPB settlement that punishes Ocwen for reprehensible actions related to foreclosures ALSO mandates Ocwen spend 2Billion on principle reductions for underwater homeowners.I believe Ocwen wa...
Hi all,
I am a newbie in real estate investing. While looking for my first rental property (or properties) with total cost of ~$100,000, I talked to a local bank to see what are my options. Here is what they ...
Background: house is in a decent neighborhood outside Cleveland, OH. Purchased for $9k and seller put in $50k of renovations.
Buyer to pay $4000 toward commission at lease signing and seller to pay remaining commiss...
My brain isn't wrapping itself around this one so I thought I'd ask for help. All hypothetical. Lets say I have 1 property with a purchase price of 125k and I have a mortgage on 100k at 5%I'm netting $1000 per month. ...
Do you deduct the amount of mortgage principle you paid from your rental income? For example, if you make $15,000 GROSS rental income, but you paid $5,000 of the mortgage principle for the year, is your net income $15...
The idea of Placemaking might be new or foreign to real estate investors but it's an old and obvious one to urban planners, law enforcement, and those interested in neighborhood restoration as an investment strategy.
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Can anyone recommend a software to do loan servicing to track monthly principle and interest payment, preferably send a monthly and annual mortgage statement? Many Thanks!!
I am looking to start a MasterMind Group for Principles ONLY from across the country on Zoom. No pitches, No realtor only, (if you are a realtor and do your own deals, welcome) I am looking for principles to the deals...