Sentences with phrase «extra monthly cash flow»

Not exact matches

That's $ 734 a month less than she allocates now, but just by reducing $ 320 monthly gifts to her adult children, trimming $ 860 monthly TFSA and non-registered savings after retirement, cash flow would cover expenses and leave a little extra for travel, entertainment and other treats she has denied herself.
This use is most common with reverse mortgages, since borrowers must pay off their existing lien, and without a monthly mortgage payment, «borrowers are responsible for paying property taxes, homeowner's insurance, and for home maintenance», it makes it easier to use the extra cash flow to pay down bills.
I have a lot of clients that will set up that monthly distribution to go out on the first of the month, and then on top of that if they ever need some additional cash flow at some point in time during that month they can call me up and say, «Hey Jeff, I need an extra 500 bucks, extra $ 1000.
That temptation to refinance can be huge because depending on your situation, refinancing your mortgage can be beneficial in areas such as reducing the interest rate, shortening or extending the mortgage loan, and even by getting some extra cash flow happening by lowering the monthly mortgage payments.
I get incredible tax write - offs, and since it's cash flow positive, I receive extra money in my bank account on a monthly basis.
This use is most common with reverse mortgages, since borrowers must pay off their existing lien, and without a monthly mortgage payment, «borrowers are responsible for paying property taxes, homeowner's insurance, and for home maintenance», it makes it easier to use the extra cash flow to pay down bills.
It provides extra monthly income (cash flow), and when you're ready to sell it, you make money because the value has increased since you bought it (appreciation).
As for payback, you could either pay them back as quickly as possible with the extra cash flow, offer them a percentage of the profit from the deal and / or a larger percentage of the monthly cash flow, or target a rapid cash out refi if the deal allows.
Because this strategy requires you to have a positive monthly cash - flow... we compared what you would save with this method vs. what you could make by investing the extra cash.
These funds can be paid out in three different ways: 1) A line of credit that will grow over time3 and can be accessed anytime extra funds are needed 2) A lump sum4 payment to be used to pay down other debts5 or renovate your house 3) Monthly payments to help further increase your monthly cash flow, or a combination of these payment methods can also be set up to help you meet your financialMonthly payments to help further increase your monthly cash flow, or a combination of these payment methods can also be set up to help you meet your financialmonthly cash flow, or a combination of these payment methods can also be set up to help you meet your financial goals.
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