We presently have 10 homes, each with a loan. Our goal is to retire in 5 years. In order to do so, we are making extra payments on our loans. As one loan is paid off, the extra payment plus the payment from the ...
Currently own investment wise a duplex and a SFH, thinking about paying extra on one of the loans to pay it down faster. Curious which others would go after first? I’m thinking the SFH as that would likely appreciate ...
Hello all!I am analyzing properties (1-4 units) and do not really like the BP calculator. Was wondering if you guys had any others you recommend or have built and don't mind sharing? Or just tips on building my own. I...
I'm thinking of trying my hand at vacation rentals but I don't know how to even begin calculating for cash flow, ROI, etc. How to know if the home will be a good deal. I've done it many times for SFH and MFH but nev...
Hi all,I have two recent mortgages both at $175k principal and 6.625% fixed for 30 years. I want to accelerate the payoff by either paying $500 extra on each or $1000 extra per month on 1 only and keeping the regular ...
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*This link comes directly from our calculators, based on information input by the member who posted.curious to know how my fellow bigger pockets members feel about this deal I recently closed on duplex wi...
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...
Before you say it, I know about the mortgage calculators in the left column and on every other finance site on the internet.
What I'm looking for, however, is somewhere I can determine the current principal value on ...
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...
View report This looked good at first glance, but maybe not so much after digging in? Using equity from a paid off property for down payment so P&I would be around $460 for a 76k loan, which I factored in as...