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Results (10000)
Jordyn Ohs Best way to pay down or off a Heloc
16 January 2025 | 2 replies

Hi everyone,just looking for some advice on how everyone is paying down there Helocs when used for down payments on their rental properties. I currently have $107K pulled from mine and of that used to purchase two 2 p...

Claudia Schmidt Which Payment Frequency Option is Best to Pay Down my Mortgage the Fastest?
4 January 2012 | 9 replies

I just bought a house, and I know when you make bi-monthly payments to your mortgage you end up making an extra month of payment at the end of the year.

If I choose to pay weekly, is this better? Would I end up mak...

Bryan Snyder Does anyone bill rent bi-weekly?
28 July 2010 | 3 replies

You know, making 26 payments a year instead of 12? You end up with one extra "month's" rent.

Would most of your tenants be bright enough to notice that it's just extra profit for you? I'm wondering if it could be use...

Jim Issa more payments in calendar year
27 December 2016 | 1 reply

hello folks ,
i recently purchased a primary residence home
and my first mortgage payment was in November 2016

i know that you can only make 12 (13) payments per calendar year and deduct only the interest paid durin...

Andrew Thomas Vedder Pay down primary or save for first rental
2 June 2023 | 19 replies

Q: Should I pay an extra $500 on my principal on my primary residence or save it towards a rental property? Overview: New homeowner, $120k income, ~7K monthly net income after deductions (Roth max, 401K, healthcare), ...

David J. Extra Payment verses HELOC - Resolved?
27 April 2018 | 0 replies

Seems like something involving math would have a well defined answer.  Yet I cannot find a clear answer to the question no matter where I look. Suppose I have a $200K loan at 5% for 30 Years that I want to pay off qui...

Billy Mcavoy Paying down additional principal each month
13 May 2023 | 51 replies

I’m a first time home buyer and looking for some advice. I purchased a condo in December 2020 (in DC) and currently live in my unit. I’m moving to NYC in mid May and will be renting out my DC condo around June 1st. I...

Luka Jozic Does bi-weekly payments make sense in a cash-flow market?
29 June 2024 | 9 replies

I understand that doing bi-weekly simply means you are doing 13 mortgage payments a year as opposed to 12. So you get one payment each year that goes straight to principal. I've read other threads on the topic and it ...

Benjamin Palasek Paying rent on time
6 November 2014 | 9 replies

Hello BP! I have a tenant that pays every month but never on time. He pays the late fee's and is otherwise trouble free. Do I let this go?