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Results (6833)
Michael Nelson Hard money loan repayment ? for brrrr deal
2 February 2024 | 6 replies

If I use a hard money loan for a brrrr and the ARV comes in a little lower than projected can i pay off say 170k of the 200k hard money and just keep paying the interest on the remaining 30k of hard money until i can ...

Peter Kozlowski New investor business plan
6 June 2019 | 9 replies

Hey everyone,New investor here. I just read and took comprehensive notes from three books on real estate investing:- Long-Distance Real Estate Investing (David Greene)- The Book On Rental Property Investing (Brandon T...

Wilson Pereira Real estate mortgage and taxes
4 November 2020 | 7 replies

I have my rental real estate principal and interest mortgage payments going out of my LLC bank account. I believe only interest and real estate property taxes are tax deductible. How do I account for mortgage payments...

Luke Lattimer Does a commercial loan usually have repayment penalty?
24 August 2021 | 7 replies

We are looking at a loan on a 7 unit apartment building including a house on the property. The bank is saying that a five year resetting rate on the mortgage is normal. Is this true? Also they are saying there is a pr...

Mike Jones Bank requesting financial info during loan repayment period
15 July 2016 | 4 replies

Hi all,I currently have a rental property loan with a local bank and I have been paying it for about 2 years without any problems.  I just received a letter from the bank requesting last year's tax returns, personal f...

Veronica Ivy Balancing Down Payment with Solo 401k Loan Repayment
30 April 2021 | 2 replies

Hi experts. I have a property under contract. I'm going to use funds from my Solo 401k for the down payment, repaying it at 4.25% over 5 years (the interest goes back to me, which is the great thing about Solo 401k lo...

Daryl Canard Hard Money Loans: How do you afford repayment?
8 August 2015 | 12 replies

How do you properly use a hard money loan to purchase a rental property and then repay the lender what was borrowed plus the interest (or points)? Do you borrow the full amount of the purchase price from the HML or is...

Ajeet Ganga What % of rental income can be showed as future personal income to get the bank loan ?
7 January 2015 | 2 replies

I am working to get a bank loan on multifamily, with cap-rate of 8 with price of $1million+My personal income alone will not be sufficient to show the loan repayment guarantee. The property is making about $80K, in NO...

Brandan Qwert Is there a public mortgage dataset I can look at?
12 November 2019 | 5 replies

I want to create an AI to price mortgages. 

Megan Arzt Is this the time to repay my 401k loan?
7 April 2020 | 5 replies

A couple years ago a took out a 401k loan. I am considering paying this off now while the market is low (it had been so high I was holding off). I'm hoping that if I pay it off now it will ride the market up when th...