Unless you're talking lots of money, multiple thousands, I think you may be throwing good money after bad to put much into perusing this.Jon

The lender simply puts it to the back of the loan and it gets stacked on top of you loan balance.Your balance is = $300,000.00regualr interest payment = $1000.00You pay = $500.00New Balance is = $300,500.00You get the picture of doing this every month and remember since you balance goes up then you payment will increase as well.But wait the lender isn't all that bad they will only let you go to 110% of the LTV (Loan to Value of your property) and then they will take a recourse and have you make principle and interest payments to pay it down again.

[size=12][/size] Hey everyone I’m 1 yr realtor/ lo looking to get into the investing side in a few years. I have a plan I’m working on and would appreciate some feedback.

I just started and LLC and am in the process...

I do have Bad credit due to bad divorce.

Could someone tell me if this is a bad thing to get into as someone looking to lease then possibly buy the same property?

Too bad too cause the rate was fantastic.

Getting some seller on the hook for two months then saying "sorry" and walking away makes us all look bad, IMHO.

My question is if interest rates range from 4 - 8%, we should be take 8% into consideration because let's say 8% is during very bad times and 4% is in very good times.

And if something bad happens you will have much cash reserves in your IRA to make sure you can sustain any problems.Thank you for your time.

Hi guys, I am still a newbie so I need advise on whether do you think this is a good investment or a bad investment.