15 months ago we moved out of 3-bed/2-bath condo in Chicago to a 4-bed house. Rented the condo out rather than sold, but now I'm wondering if the potential cash in it can be working harder as I look towards building a...

Hi,
Is interest on a loan for a piece of real estate considered an amount owed on the mortgage of a property when calculating the equity for a piece of real estate?
From what I understand, equity on a property is th...

With regards to the above.1. Is it also known as:a.  "outstanding balance"? And:b.  the balance owed to the note holder?2.  Does anyone know of an online dictionary specifically for notes, mortgages etc?Thanks

Help-- should I do this? I just negotiated an owner financing deal that I am happy with. I like the down payment and the monthly payment. The property is distressed, and I will be getting it for a good price. He wants...

Say I have this example

Rental Property: $100,000

Loan Amount: $75,000

Loan Rate: 5%

Years: 30 Year Amortized

Monthly Payment amount: $402.62

LTV ratio: 75%

My money is bei...

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $225,000

We rented the home for about 5 years, but in year 3 we took a lease option to purchase and executed the option...

HelloI am buying a $300,000.00 home with 55k down. I plan on selling in 2 years. My sister has agreed to give me money for some rehab needed in the home. She has agreed to let me borrow $50,000.00 for 2 years @15% int...

I'm looking into taking out a HELOC for a future investment.  I understand the HELOC fixed rate repayment (just like a mortgage).  What I'm not sure I understand is the HELOC repayment process on a variable interest r...

I am closing a seller financing deal but am confused with how monthly payments are split up between principal and interest. How do I determine how much principal is owed at the 10 year mark for the balloon payment? I ...

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