Ashley Lynn
Pay down mortgage or save the cash?
I am about to purchase my second property with almost 100% financing & equity from my first property. Goal is to buy a third a year or two after that. Question is do I use any extra money I have to pay down the mo...
Nick Lee
Is seller finance tax deductible?
Hi Guys,If I buy a deal with seller finance can I deduct the interest payments as I would with a standard mortgage?I know you should not count this phantom income and I will not factor this in to anything. Just wonder...
Sean Hayes
Young entrepreneur from Georgia
I am 23 year old Marine Veteran looking to earn some extra cash flow. I am Co-owner of CrossFit Croton in Lawrenceville, Ga and also go to school full time. Time is very valuable to me. I want to earn some extra cash ...
Chris Thomas
Where are you parking your cash right now??
Where are you putting your extra cash??? With the possibility of extra stimulus money flowing soon, increasing the amount of random cash floating around and tanking its value, where are you putting your money? Obvious...
Cindy H.
Cashflow management on rental - create cont fund or reinvest?
So we bought a rental, 30 yr amortization, monthly payments. Is it worth increasing payments to 2 per month, bi-weekly, making extra principal payments to reduce the mortgage? We've allocated expenses to everything we...
John Peppard
Rental property, does higher down payment make sense
Looking to purchase a rental property for $330k, leases are already in place for the following year and rent roll is $3200 per month. At 25% down I’m looking at roughly $2300 for principal, insurance, and taxes per mo...
Brian Larson
Which money should I use?
I have a deal that requires 36k down. I don’t want to exhaust all my savings and have a potential investor who would give me the whole amount for 8% annualized. Cash flow is around $500 a month.I could also borrow a...
Joe Boggin
How can an average guy get multiple rentals?
Let's take an average working class guy. He makes 60k a year and has a mortgage and a car note. 10k in liquid savings and some bedroom cash for dinners with the wife. If he decides to get into real estate, he will ne...
Vic Vega
Overpay on mortgage or no??
Hey Everyone!So I'm new to investing but this question is actually about my current live in home I've occupied for about 4yrs now. My question is for someone in my situation, to overpay mortgage or save the money that...
Hariharan Elavarasan
Paying Off Loans vs Waiting and Leveraging
I bought my first rental property earlier this year. Cash flow after I move out (house hacking) and renovating should be 200-300. 30 yr fixed mortgage @ 6.625% with about 76,000 left. Over time, I'll end up paying 96k...