Hi Every Just a quick question does anyone set-up their renters on a one year lease where they pay weekly instead of monthly. I'm looking at a property where they have done this and they told me they make more that w...
OK, so I have a note that is paying me $199.54 per month.
I have offered to sell 12 of those payments to an investor at 8.0% interest.
So if:
N = 12
I = 0.67
PMT = 199.54
FV = 0
PV = $2293.87
So, in order for the ...
I understand the higher interest in hard money but I get confused when it comes to the points and whether is there an monthly payment paid to the lender. Is the money just paid back at the end of the term? Thanks
I am a new landlord, I have one investment property and I'm already getting sick of making a bunch of different payments on different days each month for the mortgage, utilities, and all the other monthly expenses for...
The interest on a HELOC are paid on my present balances each month during my draw period? Or is my interest only starts kicking in after the draw period ends and whatever my balance is then? Thank guys in advance.
F...
I am a single 28 year old male, have been renting for 7 years now and am looking to buy a home in 2-3 years.
Any advice for someone who has about a 580 credit score...?
What steps in the next two years should I be ...
Hey folks,
I'm planning on getting a preapproval soon, but I have a DTI issue I need to resolve.
I pay $380 per month for my car and have 16 months of payments left on it. Unfortunately, with my low inc...
Hello BP,I have a question, is there any difference or benefit in making an extra mortgage payment monthly ($1,000) or just paying a large payment equivalent to 12 months ($12,000) at the end of the year? These are pa...
My lender sent me the itemized monthly mortgage payments I'll be making. Along with the principle and interest are two items I had questions about:1) Hazard Insurance - does this go away once I'm covered by my own lan...
Hi all, I have a tenant that signed a 18 months lease and kept delaying on their rent payment in the first 6 months. We have a clause in the original contract saying that if they cannot get caught up on payment by the...