I have been lurking around the BiggerPockets community for about six months now and am finally getting close to starting a marketing campaign.  I just have one problem.My family and I have decided that when my next jo...

Hi guys,Im new to BP and have been diving heavily in all things real estate investing. I am looking for a duplex with my first purchase and will grow as aggressively as I can to commercial multi family units. Looking ...

I am a somewhat newbie BRRR investor.Right now I have 3 properties and I am thinking of 2 more to keep momentum.When I bought those 3 it was with my own cash so cash flow was great (ignoring other aspects).Now I have decided to borrow against those 3 to fund my next 2 properties.With what I have learned I can now easily tell if my properties will cash flow with a mortgage on them.Here is the problem ...I can only get a 15 year fixed at 5% ( long story that I do not want to get into here).With a 15 year fixed the mortgage is higher and attacks my cash flow.When I run the numbers on a prospective property with borrowed money I can barely eek out any cash flow and even worse, some are negative.This really got me bummed out and stunted my enthusiasm :-(But then I had an awakening thought!

Made improvements that affected the outside and then attacked the walls with new paint, new floors, LED lighting, and nice bathrooms.

I know people like Dave Ramsey would tell me to pay off the debt but I feel like the best option would be to house hack so I can minimize my housing expense and then attack the debt from there. 

Then, I merge the files for all properties, sort the tasks and start attacking the most important ones first. 

And even if they do, they usually take that opportunity to bad-mouth the management company vs. attack the owner and state complete BS, IE "I haven't had running water for weeks and now your PM is trying to evict me!!

Solo 401K is a much better IRA than a custodian SDIRA even with a Checkbook IRA LLC - look into it and talk with @Dmitriy Fomichenko.If you are looking for asset protection, you IRA itself is a form of protected entity/account from external attacks.

You're in for some good reading if you're going to attack that book list!

That's because we're constantly under attack on this site while people insist on making the same expensive mistakes we teach people to avoid and, thus, help them prevent financial losses tens of times the cost of the education.Of course, sales do pay for the education - and properties!