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...
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...
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...
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...
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), ...
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...
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...
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 ...
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?