Since you are coming from university, you probably have roommates right now, and if you have a great W2 job coming out, I would seriously consider house hacking and the rent by room strategy because you only have to house hack a few times to achieve a solid FI number to choose your passions.   

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $30,000

Cash invested: $20,000

2 bedroom, 1 bath, 1200 Sq Ft ranch home, 2 car garage, detached garage, fenced yard...

Not getting why you want to pay the fees for a re-fi since 90% odds a buyer will just do their own financing?

We are often on the phone when he is pulling up to pick them up from their private school and his Bentley and they are upset because the Wi-Fi is not on for the 10 minute car ride home.I Love telling him to make sure that he at least gives them a couple free and clear properties in the portfolio that will be budgeted towards their drug and alcohol treatment center when they’re adults!

It's a Purchase Money Mortgage and its simple.1) Find a deal where the owner has no debt2) Ask them if they would like to sell the property to you over a period of time3) Pay them a reasonable down payment and monthly installment payments4) Build equity as your tenants pay down the note and re-fi at the end of the loan term to pay off the sellerI can send you a "seller-finance 101" if you want to see the mechanics of it...my contact should be in the signature here.

Should I just re fi now and start saving a few hundred a month hopping on the train, or is it worth it to wait as rates could potentially continue to drop even more drastically?

I joined BP after listening to the BP Money podcast and was enlightened to the real estate investing, frugality and FI opportunities we never realized were right within our reach!

I am currently in the market to buy my first house hack in Charleston, SC. I

Broadening my investment strategy to include buy and hold without tying up all of my cash. In the past I've used traditional lenders as I'm a W2. For simple math sake, say I buy a property for $100K (assume tradition...

Plus, some owners are using the pandemic to remodel stores, install flat-screen TVs, and add free Wi-Fi in stores.