I recently came across a thread with the term lump sum principle payments. I've searched this term and have failed to come up with much evidence as to how it helps investors except for with tax purposes.

"I u...

Mortgage and lending professionals, I signed up for a program a few months ago that's basically a budgeting tool (kind of like Quickbooks online) that shows you how to use an open line of credit (like a credit card or...

I've been thinking about how to best utilize my current residence. I have a great locked in rate and want to use it to my advantage - without doing a traditional sale.

Has anyone - or is it possible - to sell my own...

Details on my mortgage - Interest bearing Principle $197,000Deferred Principle $95,440Interest rate 4.7%20 year loan with 18 years left.I wanted to pay $7,000 extra a month for the Deferred Principle  but the lender c...

Hi everyone,First, thanks for reading my post, and for all the information here on BP!  Wow!  I have a PA home I'm currently using as my personal residence, traditional bank financing, >20% equity, that I've been i...

I have 3 investment properties with existing mortgage notes.
1 at 4.375%- 17K unpaid principal-(Original 10 yr. note principle=    $48,000
1 at 5.75%-     66K unpaid principle (Original 30 yr. note principle=  $67,5...

Rates dropped again in Canada. Market will be even more heated.. 

What are some creative ways you can think of that actually works best for first time homebuyers to buy decent homes with little to nothing down? Meanwhile, they can use whatever money they do have saved up to cover va...

I think I know the answer to this, but if I want to reduce my passive income, is paying down the mortgage via extra principal payments reduce my passive taxable income or is it viewed basically as profit?  (this is in...

Hi there. I’m 17 and currently going to be a senior in high school and I’m planning to jump into Real Estate as soon as I’m 18. I’m being offered my senior year to take a Career Pathways in depth business class at a c...