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Results (10000)
Albert Tsang Pay down higher interest loan or pay down largest monthly mortgage payment
3 April 2013 | 7 replies

Assume you have 10 SFHs with different purchase prices and all of them have different interest rates and monthly mortgage payments. If you are at a stage of consolidation and want to pay off the 10 SFHs as fast as you...

Shuai Zeng Pay More, or Save and Buy??
12 August 2013 | 3 replies

Morning All.

Just want to get your opinion on this. Currently I have this rental, I'm trying to figure out should I either pay just the mortgage and save up, or pay more which I'm currently doing. My current...

Assaf Furman Simple case where a 15yr mortgage is better than 30yr
6 August 2016 | 10 replies

In a recent article, @Scott Trench discussed the advantages of a 30 year note over 15 year (or lower than 30 in general). While I agree with most of what's there, I'd like to discuss a case where to me at least, it se...

Joshua Silver Velocity Banking / HELOC Strategy - I'm Doing It + It's Awesome
25 January 2020 | 4 replies

So, I've posted on this since around May 2018 when I first started it and I wanted to give anyone who cares an update since 2019 was my first full year doing it. For those that aren't familiar with the strategy, the i...

Peter Ricca Tenant dishonest about pets - what would you do?
25 October 2020 | 25 replies

Hi BP community,I purchased a SFH in a Columbus, OH suburb. Got 2 tenants to rent the house for slightly above market.Their credit is awful, but their income is solid so I went with it. I allowed one dog in the lease ...

Sara Ratliff Accepting an offer of higher rent?
4 August 2019 | 34 replies

I recently listed a rental and got an offer from someone to pay $250 more per month than what we listed for. I want to be ethical and legal, and haven’t found anything that states otherwise, but wanted to check with a...

Samuel Collier 10 year fixed mortgage
14 June 2016 | 3 replies

Obviously the shorter the mortgage, the higher the monthly payment and therefore the more difficult it is to cashflow. I know a lot people prefer to opt for the 15 year fixed mortgage rather than the 30 year fixed bec...

Vinson Lee Is 1 million the max tax deductible loan?
21 November 2014 | 3 replies

HI All,I'm confused about something that I'm hoping you guys can help explain.I've heard that generally when you are buying a primary residence that the interest one only 1million dollars of your loan would be tax ded...

Eric D. Which mortgage to pay off
26 May 2018 | 11 replies

I have three 30 year mortgages:My home: 4.125% with 450k owedInvestment Prop #1: 4.675% with 325k owedInvestment Prop #2: 5.25% with 309k owedI can start paying down principal but should I pay off my home or investmen...

Manshi M. Illegal Basement - Will my insurance company cover any damages?
24 May 2015 | 10 replies

Hello,I have a 2 family property in New Jersey. I am renting out the basement illegally. Question - Will my insurance company cover me for any damages that happened to the property and is not related to the tenant in ...