I can't think straight lately, so let me check with the group here before I make a big mistake....
I've been trying to close & sell Flip #1 now all month, and it's been pushed back until Monday or Tuesday (Yet again). Money is the last day I can pay my mortgage without a late fee -- So if it closes on Tuesday, should I bother to make another payment on Monday -- or should I just let the loan go late and incur the $10 late fee, and not make a payment period -- Saving myself 1 months mortgage (About $500 in this case).
Seems like logical thinking... After all, they don't report you to the credit bureau until you are 30 days late, right? I think I'm good here, just want to verify it.
Cheers,
- Hakrjak
I've been trying to close & sell Flip #1 now all month, and it's been pushed back until Monday or Tuesday (Yet again). Money is the last day I can pay my mortgage without a late fee -- So if it closes on Tuesday, should I bother to make another payment on Monday -- or should I just let the loan go late and incur the $10 late fee, and not make a payment period -- Saving myself 1 months mortgage (About $500 in this case).
Seems like logical thinking... After all, they don't report you to the credit bureau until you are 30 days late, right? I think I'm good here, just want to verify it.
Cheers,
- Hakrjak
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
