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What's peoples opinions on fixed rate interest only mortgages? These are loans that are interest only for a period of time (10 to 15 years), then switch to principal + interest. These loans are usually ARMs, but I'v...
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Which states do I need a license to lease option and which states dont I? I was going to do lease options in Florida but I heard I need a license to do it. Which states are best for lease options? Thanks for any help ...
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I have a question on what gets taxed when it comes to rental income. Of course there are loads of other factors but I'm looking for general answers for someone living in the US without state income taxes.For example,...
I am considering lending my money out to REIs. What I am trying to figure out are the ROI on this and the mechanics/logistics.I set up an excel spreadhseet to try to do this. The assumptions are:1) It is an amortize...
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How can i figure out how much of my payments are going towards interest and principal?I found an online calculator for finding my monthly payments, but how do I know how much each month is for interest?For example, fo...
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I've learned recently about longer term Interest Only loans, and ones that convert later to P&I payments, and may have an idea how to use them - I know, balloon payment bad, fixed rate good, but beyond that knee j...
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I am working on my schedule E and this is what the year looks like for 2023. I see the numbers and I don't know how to interpret them. I don't have deprectiation in here and the monthly mortgage going towards principa...
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Hey everyone ive been hearing about and researching VELOCITY BANKING alot lately. Seems too good to be true. Any of you experts have experience in this field and can confirm or deny? Thanks everyone!Nick
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QUESTION: WHEN WE BUY A PROPETY WHIT A LOAN AND NEED TO PAY OFF THE LOAN OVERTIME ?WHATS THE BEST WAY TO PAY OFF FASTER? Moratto Homes LLc.Investment group.Miami,fl.