Is there ever a instance where it is actually a better deal to do a 30 year and make extra principal payments instead of just a 15 year? Besides the flexibility of having the extra money
Hello BP!I'm a new real estate agent based in Portland, OR. I've been with my brokerage firm for 3 months now. My goal is to learn the basic process of retail deals, I've completed just one deal and have a few others ...
All,My fiance is taking her real estate test today to become a broker to work all of our upcoming multifamily deals we have coming up as well as some friend's deals. We are in the Portland area and are curious if any...
Hi all,My girlfriend and I recently moved to a new area, (Elmira, NY) and at the time when we moved we figured that it would be better for us to rent an apartment rather than buy a house. So we signed a 1 year lease a...
What do you guys do with your positive cash flow? Do you put it towards the principal on mortgage or save to reinvest it?
Hello BP community,Hoping someone has some light to shed on this question:Can an investor guarantee the principal and interest on a private money loan?I was told by a rehabber that it is illegal, but am not able to f...
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
0...
Im finishing up a flip and will have 150k after its sold. should i put this money toward my primary residence mortgage and eliminate 18yrs interest essentially doubling my money? i see this being similar to Brrrr. My ...
I have recently come across listing of off market property, portfolios, and hotel and its been hard to find quality principals. I have even networked with private banks to solve funding solutions. I'm open to ide...
Hey BP community! I would be very interested in your thoughts on feedback. Here's my question:At what point do you believe it is wise to stop reinvesting your cashflow into more properties and start focusing on princi...