article thumbnail

Real Estate Mortgage Notes: Investing For Higher Returns in 2021

Marco Santarelli

interest rate and how much of your payment is used to pay the principal (or balance). Some people take out an interest-only loan because they can’t afford to pay on the principle. Yet interest-only loans are attractive because of the low monthly payments. This is a popular loan for property developers.

Mortgages 122
article thumbnail

How To Make Money In Real Estate And Get Rich?

Marco Santarelli

Then you don’t end up cutting into your cash flow with high-interest hard money loans to pay for the little repairs needed to legally rent out the unit or hit your credit cards to pay contractors. They may be in need of the money, whether it is to allow them to buy a new home or simply get cash to fund their retirement.

Loans 144