Does any one know about a good amortization schedule? trying to see how much we would save over a period of time if we put X amount of money towards payment and how much we can save in interest over time.
Hey Biggerpockets family!I am looking to purchase a triplex (I currently live in one unit), and I would like to use the FHA loan. The property is worth about $500k and I am looking to find a creative way to come up wi...
Good evening all,Can I get opinions on the following situation: 2020:House Purchased: $225,000Down Payment: $45,000Loan Amount: $180,000Rate: 2.99%PITI: $1,436.63 2021: House estimated appraisal (estimated from comps)...
Hello,
New to the bigger pockets forum and maybe my question has already been answered but when it comes to home equity. When you use the equity or establish HELOC's. Do they work as a separate loan that you pay off ...
I have 5 SFR's that we self manage, looking for a good recommendation for a website or software that I can use to keep track of everything in one place. Also, one where tenants can make rent payments to as well.
Loo...
I bought my first rental property 18 months ago on a 25 year amortization, 5 year term variable rate closed mortgage. I made a 20% downpayment and then a 20% lump sum extra payment against the principal after the firs...
This question is back when Matt invested in his first 2.25 million dollar strip mall deal. The 80% of that price was loaned by a bank, now did the sellers carry provide the other 20% down payment and needed Matt to pa...
I have a property that I am listing for $2195 / month. Its a 3 bedroom and the city's Section 8 guide states the "payment standard" for a 3 bedroom is $2839. With a difference of over $500, its possibly worth conside...
New investor question here....When looking at a property with tenants in there already is it common place to contact the property management company and ask if they pay on time or is there another method to finding ou...
I’m looking for advise on how to verify income for a tenant who is retired. The information I have so far is a statement from Social Security verifying monthly payment and a pension payment. Both of these combined d...