3 March 2019 | 1 reply
Hi all,I am new to BP and just starting to research how to start becoming a buy and hold investor under extremely limiting circumstances and was hoping the BP community could shed some light on the best financing strategy to use for my first few properties.Current Financial SituationA little background on my current situation: I am 28yrs old working in television in NY ( making roughly 55-60k a year- yes it is brutal) I just bought my first primary home 2 years ago in Williamsburg, BK to lock in how much I’m paying for housing year over year in a place where incomes don’t increase as fast as rental prices (2 bd for 340k (this is an HDFC which is how I got a home for this price in an area where the median price is 1.5 million) ) so obviously my DTI is extremely high at almost 60% with no other debts besides my primary home (I also have a roommate who pays me $900 a month for her room which helps with about half my total monthly housing costs) (had a great mortgage broker that really helped me wiggle in to my first home)I now have about 75-80k in equity in the home and access to a family trust with a similar amount of money in it and was looking for the best way to turn buying an initial first property all cash into the ability to buy more properties( out of state of course- looking at different areas in the country from PA to TX to TN to FL).
4 December 2006 | 5 replies
If you aren't comfortable broadcasting them on the forum then feel free to PM me.
17 December 2014 | 24 replies
I have a house in Columbus, OH but frequently work on television shows as a producer throughout the country.
29 June 2015 | 7 replies
There has not been a single broadcast that has not provided me value or that I felt was a waste of my time.
4 April 2016 | 2 replies
Originally posted by @Tony Gunter:Just heard that per HUD that people with a criminal record may be protected under Fair Housing Act. http://www.npr.org/2016/04/04/472929180/feds-denyi....Thanks for sharing this radio broadcast.
7 September 2014 | 9 replies
The clutter is off the charts, not quite a candidate for the television series "Hoarders", but really bad.
13 August 2020 | 18 replies
@Jerryll Noorden You forgot to mention all this in just two and a half weeks of starting with RVMs and Voice Broadcasts!
25 February 2015 | 15 replies
Watching a television show for a season hardly makes for a good reason to invest in real estate.
16 September 2014 | 5 replies
There has not been a single broadcast that has not provided me value or that I felt was a waste of my time.
10 September 2015 | 2 replies
The national broadcaster as awoken to realize that rising housing costs eventually mean higher rents:http://www.cbc.ca/news/business/affordable-housing...