Hello,Can someone explain to me the process how a commercial loan on a multifamily home is finally paid off. I know thr commercial loans are short maybe 10 years and then at years you have to pay full amount of the lo...
I have a lease agreement with the option to purchase on a house I own outright. The lessee paid me $3500 downpayment and is paying $516 a month. He has an option to purchase by the Spring of 2022 for $59,000 minus the...
I am having trouble understanding a hard money lending example. Everyone I have talked to has recommended it and I have never used this before.
Can someone help explain the basics of how to get to a monthly payment f...
I am military, about to PCS and I own a house.. I need to know wether I should sell the house, or if I would be better off finding a property manager.
How can you do a 15 year loan to ensure your home is paid off in the 15 years? Higher interest rate and/or more money down?
I have a relative that is up in age and no longer able to afford the mortgage and are falling behind. They have a balloon payment for the principal due in 10 years. How do I help them stay in the house, while getting ...
Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
Do you guys count principal pay down when calculating your return on investment?
Moving this post to tax forum... Think answer is no, can't claim unpaid interest on 1099-C, but @paresh patel brings up good point about what hte Box 3 pertains to. Anyone know what the purpose of this is?But if Inter...