Nikki Nicole
Does anyone have information about heloc lenders ?
Hey I was wondering, who I should go through to get a heloc. Principal only, first.. I’m having a hard time. I see principal and interest only payments right now.
Karl Sivert Skatland
Review of investment worksheet
I am trying to create an investment worksheet that will give me a quick overview of a potential property investment. My question is how do I account for the principal paid on the mortgage? The worksheet is attached in...
Aidan Birmingham
How to structure monthly payments before a balloon payment
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 ...
Tyler Galdes
Tax Impact of Loan Amortization on Rental Property
Hi folks!I'm putting together a Capital Accumulation Comparison (a la What every real estate investor needs to know about cashflow...) and I'm wondering if anyone could explain the tax impact of loan amortization to m...
Erin Wilks
Shady mortgage companies
Hi everyone,I've had my mortgage recently taken over by another company, I've managed to log on to their online portal to see they are charging me three times the interest than the principal and had a quick look on Be...
Steve DellaPelle
This might be a dumb question...paying extra per month...
If my PITI Mortgage is ~2750k/month and I pay an extra $250/month so ~3000k total...is that $250 going straight to principal or does it getsplit between principal and interest?
Brian Lepo
Private Money loan early payoff?
I have a private money loan on one of my rentals that I would like to start making double payments on. The loan is structured with no early payment penalty and the application of payments as follows:All payments shal...
Rich Hupper
paying down a 30 yr fixed mortgage
Hello I know that these loans have predetermined payment schedules for every month of the 30 yr note. My question is what if I make a large principle payment? Will the large principle payment allow my next regular pay...
Daria B.
Tracking Note Income (capital gain from sale or income)
I have been investing in notes since 2017 and it's been a pretty simple process. Several people in my area invest with a JV that manages the ins/outs and have had good results. We have had numerous discussions in our ...
Alex Corral
Using the HELOC strategy to buy rentals
I am in the process of obtaining a HELOC on my primary, with plans to buy some rentals. I've been doing a lot of research on how to pay down the HELOC faster using it as a checking, and have some questions as things a...