I have two rental properties. Both are getting just over 12% cash on cash return. Should I put the cash flow towards the principle of the loans to help pay off sooner (have 30 years on both), or should I reinvest the ...
Hi All,I'm considering taking mortgage forbearance so that I can add to my savings to pay off my house without penalty. I've been saving for months, but I'm thinking that if I can redirect my monthly mortgage payments...
I was looking into Specialty Lending Group, out of Greenbelt, MD. They are a hard money lender, investing in projects in Washington DC. Jeff Levin is the principal.I was thinking of investing with them, as they solici...
Hi,Is anyone currently acting as a KP on syndicated deals or has done so in the past? I am curious how one would look/underwrite that in terms of investing? what risks do you look out for in order not to do a deal? ...
Heard the concept of owning your first home for tax benefits and others. I do not have motivation to own a home, especially now as I am eager to invest my capital into investments that will grow most effectively, such...
“You’re wrong.” These words will put you at odds with anyone. Try it. It’s a tad unethical but I’m experimenting. Again and again I am amazed at people’s deflation. Their shoulders sag, their tone sharpens, and their ...
I have a question regarding the IRS exclusion of taxes paid on the sale of a principle residence.Here is the scenario: Tenant has been renting a condo for 7 years and it has been their principle residence.The landlord...
Hello all. We are in the process of purchasing another personal home and turning our current home in to a rental. I have heard in the past about a strategy where you send in a separate monthly payment for principle ...
I Have a rental property that cash flows about 1700$ a month, is it smart to pay down the principle sooner (30 year fixed) with the extra cash, or save for buying more houses? or is there a best of both worlds, where...
I turned 18 a few weeks ago, and I discovered that my grandfather made me an authorized user on one of his credit cards when I was a little less than a year old, and another one of his cards when I was a little over a...