Hi, I was reading Brandon Turner's Rental Property Investing book, and he was talking about principal and interest mortgages. It made perfect sense to me until the part where the amount of interest and principal chang...
Hi,Would someone plz confirm if the current unpaid principal balance is calculated as follows or otherwise?Note is $30,000 - $1,158.04 (which is payments of $289.51 per month x 4 payments made) = an UBP of $28,841.96 ...
Hi guys. So I am still looking for my first multi unit to get started in real estate investing. I am eligible to receive a few grants for down payment assistance but in speaking with a few loan officers so far, that m...
When creating an LLC, do most people use their primary residence(where you yourself sleep) as the principal office address?
I'm going to have a lawyer set it up. I was wondering if I could use their address, or if I...
Does getting the property under contract make you the principal when you approach a potential buyer?
I know a payoff includes all fees, interest, etc when you buy a pre-foreclosure )or any other house).
I have heard of investors paying off the principal balance only and getting the deed. What risks are there, if an...
I own a two flat and am currently house hacking. My current mortgage payment includes PITI should I make additional principal payments or save the cash flow for reserves or go toward next investment.
Hello, I’ve been BRRRing and using 30 year DSCR loans. So I have been researching making an extra principal payment every year and how it will cut down your mortgage to between 21-23 years. I’m debating if this is wor...
Hello all,
I am purchasing a property as the Principal, in my name. I am also acting as the buyer agent. Per Wisconsin code REEB 24.05 - It states...
A licensee acting as an agent in a real estate or business oppo...
Hello everyone! I bought the duplex I had been renting last December. I live in one unit and rent the other. I filed my PRE, and through my research I could go based on square footage which would mean about 63%. Doubl...