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Results (10000)
Wendy Schultz Do you consider mortgage payments an expense?
2 May 2018 | 5 replies

I've debating in my mind if I should consider the mortgage payment in my expenses when determining profitability. Only the interest is truly an expense but a mortgage payment certainly impacts cash flow. How do you de...

Francesca S. Overarching Strategy: 100% Equity / accelerated mortgage payment
10 August 2015 | 6 replies

Hey all,I was reading Millionaire Real Estate Investor, and stumbled onto a story of a couple who aggressively paid off their properties. They would buy a single property at a time, use a 30 year loan, and pay it off ...

Kyle Beebe Taxes and insurance included in mortgage payment?
26 July 2019 | 2 replies

Hey BP team, 
So I am brand new to the site and to real estate investing. I recently bought a triplex and now I am hooked after seeing the power of real estate. The property brings in 2000 and the mortgage is 1143 (5...

Mirzet Mehovic Made my final mortgage payment. Now what?
9 April 2020 | 6 replies

So I bought this property from someone who had it under contract with a private money lender so then I continued the payments to him. I sent the guy the mortgage every month and last month was the final payment. We us...

Art Maydan Mortgage Payment Suspension Credit Impact (Wells Fargo)
24 April 2020 | 0 replies

I have two mortgages with Wells Fargo - one personal residence and one rental property. I can afford to keep making both payments for the foreseeable future. Does taking them up on the 3-month payment suspension make ...

James MacFarlane Payments included in DTI for mortgage loan
15 August 2020 | 4 replies

Hi! I'm wondering if credit card payments I make monthly to credit cards in my parents name (read I am not an authorized user, so these don't show up on my credit reports) would count towards my DTI formula when I ap...

Sean Brennan Grace period when missing a mortgage payment?
29 January 2013 | 10 replies

I am refinancing my mortgage and we are going to close sometime next week. My lender said I shouldn't make my payment on my old mortgage for February because they will pay them off. They also said that there is a 15...

Joakim Esaiasson Extra mortgage payment or keep the cash?
23 December 2014 | 11 replies

Hi everyone,we are not sure what do, we have about $7000 in cash from our rental cabin this summer. We hope to buy a 2nd property in the next 6-8 month. My questions is what is best to keep it on the bank account or d...

Marty Sheehan Double payment on a 30 yr mortgage
22 February 2016 | 5 replies

I ran a hypothetical mortgage payment on a calculator and found that when making double payments (one normal and one principle only) on a 30 yr mortgage you pay less in interest then single payments on a 15 yr.  I hea...

Jordan Hunter Mortgage payment vs. rental income for taxes
25 October 2017 | 6 replies

I am currently about to rent my home that is under a FHA mortgage. I have lived in the home for over a year as my primary residence. My monthly note is $1,238.00 a month and It will rent for $1,675 a month. I only pla...