I've read that when you pay above your normal mortgage payment each month, the extra amount is deducted directly from principal. Is this true, and do all lending institutions follow this?

Hello All!I'm in the process of buying my first piece of real estate, and I'm aware that an amortization schedule/ calculator helps me find out how many years I can shorten my mortgage by making extra payments on the ...

Just recently heard about the shred method from someone who is doing it, is anyone else doing it?? What are your thoughts?

Hey BP!I have a question regarding all of the extra fees that come when wholesaling an unwanted house (Specifically in Edmonton, Alberta).Lets say I found a distressed house that needs some work and I have a fix &...

On your own personal mortgage (or rentals) do you may more that what is asked? I have all my friend that pay $100 or over the dollar amount required when their mortgage. Do you do this? If so, why? If not, why?Thanks ...

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...

QUESTION: WHEN WE BUY A PROPETY WHIT A LOAN AND NEED TO PAY OFF THE LOAN OVERTIME ?WHATS THE BEST WAY TO PAY OFF  FASTER? Moratto Homes LLc.Investment group.Miami,fl.

I've read that just by switching your mortgage payments from monthly or bi-monthly to bi-weekly you can save a ton on your interest over a 30 year period. This led me to researching the difference between bi-monthly a...

Hi All,

If your main goal is to invest in rental properties and retire from the corporate world in the next 5-10 years would you choose a job that pays more, is more stressful, longer hours and more one dimensional o...

What is the best way to payoff a mortgage. I am reading that you can either add extra each month or make one additional payment each year. I think I read that making one extra payment in a year is somehow better than ...