Todd Willhoite
Loan with deferred principal balance
Looking to help a person who has a loan that went in foreclosure where they have about $50k principal and interest due PLUS about $25K Deferred principle, plus other costs which make it add up to about FMV of the prop...
Champ Leong
MPI vs paying down principal
I'm being offered the "opportunity" to purchase Mortgage Protection Insurance for $85 per month on a $165,000 loan in the event I go to heaven so I leave a PAID OFF house to my posterity. The insurance payout would de...
Garison Clemens
Being the “Principal” of my LLC
Good morning everybody. I am in the process of writing my operating agreement for my LLC in Florida and am naming myself the “Principal” rather than CEO or President. If we will Be eventually raising money via private...
Paul Clements
Tax question on selling principal residence
Hello,I've lived in a home for 20 years (it's a 50 year old, 1200 sq ft modular home that has very dated decor, drop ceiling, and in fair condition) and it's currently listed for sale. It's paid off. I have an offer f...
Paul Clements
Tax question on selling principal residence
(I'm copying this over from the buying/selling forum)I've lived in a home for 20 years (it's a 50 year old, 1200 sq ft manufactured home, basically a double-wide trailer, that has very dated decor, drop ceiling, and i...
Whitney R.
New broker seeking mentor/principal broker
Any suggestions for finding a mentor/principal broker in the Portland Metro area? I’m looking for guidance and education over who offers highest commission, etc. at this point. I just want to learn and get off to a go...
Walt Waters
Logic behind add back principal payments
Hello everyone, Can someone please help me answer this...This question pertains to line 56, "Add Back: Principle Payments" in the REIpropertyanalyzer.xls. I downloaded the REIpropertyanalyzer.xls from BP and it's been...
Loc R.
Anyone have a "Principal Paydown" pitch?
I am looking for something formal that I can mail out to my payors to remind them that they can paydown extra principal without penalty and the benefits of doing so.
Kumar Gaurav
Principal pay down from 401k counterproductive?
Hello,I've been toying with this idea to pay down principal using 401k from my previous employer.Firstly, is it feasible? Any ramifications that I need to be aware of.Appreciate your inputs.Thanks
Shane Sigman
Principal pay down on rent house
I have a rent house w/ a partner and we have $6500 in a repair fund from accumulated rent over the years. I’m telling my partner we should put that towards principle. It’s a small $60k house and we both have some mone...