On a rental property, how exactly would the mortgage payment be classified in regards to the tax return? I know the interest on the loan, real estate taxes, and insurance are all deductible items. What about the princ...
I know this may be a fairly basic question, but I am attempting to figure the monthly payments on properties I would like to purchase. I understand that my CAP rate will not include the mortgage payment so I want to e...
After doing some calculations, I realize it behooves me to pay at an accelerated amount of the mortgage up front. Obviously, as mortgages go, the lender has you paying mostly interest up front and principle years down...
Are there any lenders out there who are still allowing 20% down payments on non owner occupied small multi family properties? Seems like everyone I have talked to is wanting 25% or more. For reference, I’m in the Chat...
Would doing an interest only mortgage be the cheapest for lowest monthly payments, i want to get the most cash flow as possible, is the interest rate on that higher or maybe doing like a 5 percent 5/1 arm be better o...
My team and I refinanced on our duplex last year to take cash out for a downpayment on another property. We may want to do the same thing again in a few years depending on what interest rates look at the time. If we ...
I got to thinking about mortgage payments and how they are recoreded for tax purposes (P&L). Is just the interest portion tax deductable or the entire payment? Do you record your entire mortgage payments monthly a...
What is the Formula to figure out what your monthly Mortgage payment ( including Interest,Taxes,Insurance ) will be ( assuming a 3.5% Interest Rate and a Good Credit Score of 700 to 750 )? I narrowed it down to multip...
What is a good down payment when getting a mortgage on a property
Thank you in advance..... Should I set up my mortgage payments (divided in 4) and paid weekly for all my properties to save on interest in the long run.