Sentences with phrase «using extra cash flow»

Until now, their financial strategy has been simple: focus on paying down their home while using extra cash flow to beef up their various savings accounts.

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 all depends on how you use the extra cash flow you would normally be paying above your minimums, right?

I think the big thing for me throughout the entire thread is will someone really use that extra cash flow to it's absolute best use completely?

In your scenario, I think I would take the longer term / amortization if I was able to or planned to use the extra cash flow to invest in other properties / investments in the near term that will provide a return that is greater than the interest being charged on the mortgage.

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.

Not exact matches

Not only can they provide extra cash flow to support a more comfortable retirement, but when used strategically, they can also protect your investment accounts.

Bagga explains, «By using the BizX dollar, businesses are able to turn extra business capacity and assets into cash flow, which can, in turn, be spent at member businesses without any cash involved.

It comes from rolling other non-deductible debt into your mortgage (including the payment), just using a bit of extra cash flow, or diverting RRSP contributions to the mortgage.

In both scenarios, the extra cash flow can be used to pay down the mortgage or other debts, or invested in wealth building assets.

People got used to refinancing their mortgage every few years, and enjoying the extra cash flow.

We've been pretty good with using credit cards and only use it to gain rewards points and to have that extra cash flow.

Note: spend extra time analyzing how they have used free cash flow in the past.

Since REI is so much more unpredictable, a lot of investors recommend using conservative math when running numbers... You have to be extra careful in buying right to ensure the property cash flows.

While some U.S. consumers will go to great lengths to manipulate their cash flow to squeeze out some extra savings, for most Americans it may be easier just to make use of a solid reward credit card.

As a student, your cash flow may be tighter than you are used to, and the last thing you'll want to do is pay extra for finance charges.

Basically, the 15 year mortgage takes what would be your extra cash flow, and forces it into the principle of the asset, making it very difficult to use that money in the future (unless you take out another loan against it).

But for «growth» businesses, the extra cash flow now is much better put to use.

I'm now saving an extra $ 1200 / month that I used to pay in rent plus $ 50 cash flow (pre-tax)!

I know im burning a few extra thousand in closing costs... the only reason I used a conventional loan on my first BRRRR is for the simple fact that my exit strategy is key, if for some reason I missed my ARV by a long shot, I'm still cash flow positive with my current loan @ 4.75 % and worst case scenario if I needed to i could keep my current loan in place.

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 financial goals.