
5 December 2024 | 7 replies
Refinancing both at the same time could save you money in the long run and streamline the process, as you'd only have to go through appraisals and closing costs once.HELOC vs.

3 December 2024 | 2 replies
I would be comfortable to some degree as this would just be a saving plan of sorts.

5 December 2024 | 6 replies
Start with your primary, rent out any spare bedrooms "house hack"Use that to practice upgrades, kitchen, bathroom, curb appeal... etcNow you have experience as a landlord and flipper, use that to buy a distressed propertyAdd 40% equity to the property through home makeover, refinance into a low cost mortgageNow you are cashflowing a healthy margin on a second property, use that to build equity over time, cashout later and buy your duplex/quad.If it's going to take you 10 years to save up a down payment for a small apartment building, yeah it makes more sense to start growing your portfolio with cheap SFR flips instead.Every market is different, every borrower is different, every property is different, it would be ill-advised to recommend anything without recognizing the individual's nuanced goals and objectives with their next acquisition.

2 December 2024 | 5 replies
I will be taking a residential loan from my TSP since by my calculations that would save me a lot of money on interest and give me good equity.

4 December 2024 | 25 replies
This is definitely less than $150 with a plumber, unless they run into some issues.Any handyman can do this job for less than $80.The high price is probably due to your PM hiring a plumber when they should have hired a handyman to save you some money.

4 December 2024 | 8 replies
Depending on the cash flow and your FICO, you should be looking at 75% or 80% (80% will have a significantly higher rate than the 75% but depending on your strategy could be worth looking at) of the new as-is value that you can get to pay off the rehab loan and get some cash back to go after your next property.I'd recommend looking at some of the BRRRR articles that have been written in the BP forums for some additional info on this process.

26 November 2024 | 13 replies
I enjoy helping new investors and bigger pockets members find and use loopholes to save money.

4 December 2024 | 6 replies
After securing a deal, your focus will shift to closing, finding tenants, and setting up efficient management.If you haven’t already, building relationships with local agents, contractors, and property managers in PA can save you a lot of time and hassle

25 November 2024 | 1 reply
Hi I was approached by a gentleman telling me about Lifestyle Unlimited... I was wondering if there's is any information about this group and what it is they do... and if it's worth paying their membership fees

1 December 2024 | 0 replies
I like to garden in my free time, this summer i noticed how much we saved with the garden and I've been watching more videos on personal finance.