Why is it bad to pay off a 30 year mortgage In 7-10 years

I am a builder and I have one house left in inventory. I have been paying the construction note for 3 years. My uncle is now renting the house but due to a tax lien, the plan of him buying in a short sale has fallen t...

Say if you have a project that sells for $5 million but there is some form of seller financing where the buyer pays $2 million upfront and then the rest is paid over a 3 year period.  Cost basis is say $1 million and ...

Got in contact with an owner as I was doing a driving for dollars. House was vacant so got number through neighbors. House is a newer home 1568 sq ft. 3bdrm 2bath 2car garage built in 2007. Guy has not paid since May ...

I'm almost putting a house under contract and eventually wholesaling it. The house is almost in foreclosure. it will be auctioned on June 5th. so i need to act swiftly.The owner owes 96k on the house, which is the Pri...

I am the lender on a 3 year loan with a balloon at the end, we are 14 months into it. My borrower came to me today to see if I would accept a $50,000 principal only payment, representing about 50% of the total loan am...

Hello,I'm working on purchasing a commercial property, and I have a concern about the seller's situation.Suppose Person 'B' (for buyer) is working with 'S' (seller) to purchase a commercial property 'P1'.They agree on...

I get $1450 rent. PITA is $1301, $390/month is principal. They pay on-time & take good care of the place.

My concern is the limited cash flow (this was my former primary residence turned rental) yet the principa...

my wife moved in with me after we got married 4 years ago. She had a condo she put 3.5% down in 2004. we have managed to raise the rent $25/month each year to now being $975. our PITI (including $90 in PMI) + associat...

Hello All!I'm in the process of buying my first piece of real estate, and I'm aware that an amortization schedule/ calculator helps me find out how many years I can shorten my mortgage by making extra payments on the ...