If my PITI Mortgage is ~2750k/month and I pay an extra $250/month so ~3000k total...is that $250 going straight to principal or does it getsplit between principal and interest?

How many of you are aware of your personal balance sheet? While, I don't worry about pennies, I do track my balance sheet.

A personal balance sheet is slightly different than a business balance sheet.

Major Elemen...

Hi All- I have a question on Loan Assumptions for a commercial loan. I have a $2.45 million loan at 3% interest only. It was for 5 years with 3 years remaining. We are thinking about selling our building after 10 year...

I plan on using both a substantial HELOC as well as a commercial loan (likely Freddie Mac or Fannie Mae) to purchase a multifamily.  Ballpark, I'm looking at the following:$4.5M = Purchase PriceFunded with:$1.5M = Cas...

I am looking for advice and/or possible leads for private money/hard money lenders that would be interested in a 1-2 year loan for a down payment of a property. I have looked/asked around and I just can't get the mone...

Hey Guys so we've finally found a property that works for us, put in a offer & got the accepted offer. Since then we've put the home into contract and paid the earnest money to the seller. Ive been dealing with a ...

I'm planning on buying my next rental property at the end of this year using conventional financing.  I currently have 2 rental properties, so in addition to the 20% down payment I will also need to show proof of fund...

Hello All,
Hoping that someone here may be able to offer some advice. One of the Indiana tax lien auctions I am interested in taking part in requires a letter of credit. The auctioneer website says the following: 
P...

My lender is impounding money for my taxes (+4k/year) and I've heard the county sends the tax bill to them. I found out they paid in March the same amount of tax the previous owner was paying, which is much less than ...

Hello Bigger Pockets,I am a recent college graduate and currently work as a leasing consultant for a large high rise in downtown Los Angeles.Previous to this, I was an assistant to a commercial real estate broker so I...