Does the rental property have to be cash flow positive if plan cures
Posted: Mon Apr 16, 2012 4:29 pm
Does the rental property have to be cash flow positive if plan cures
default and pays arrears in 60 months?
For example,
Contractual Mortgage Payment = $1,000
Arrears = $12,000; Payment towards the arrears = $200
Total payment to keep the property = $1,200
Rent collected = $1,100
Cash flow = ($100)
Alik Segal
Alik.Segal@gmail.com
310-362-6157
California Central District
Does the rental property have to be cash flow positive if plan cures default and pays arrears in 60 months?For example,Contractual Mortgage Payment $1,000Arrears Total payment to keep the property $1,200Rent collected $1,100Cash flow ($100)nk">Alik.Segal@gmail.com
310-362-6157California Central District
The post was migrated from Yahoo.