Joshua D. Carlon
Business acquisition potential... make the numbers make sense
2 March 2019 | 0 replies
Benefits to invest in his business for some growth capital. new equipment purchase, and consolidation/restructuring of existing debt.I dont have any financial experience in regards to a business, and just based on his explanation, something doesn't make sense with his income-debt(i dont know what exactly which is why i am here) My question is : " where is a good simple resource i can use to help me make sense of his books?"
Sara Taslitt
Collecting Rent Etc.
10 March 2019 | 48 replies
The only draw back is that Zelle is not setup with a bill payment interface like Cozy.
Stefan Hirniak
Pulling equity out in high tax area
3 March 2019 | 8 replies
The rental market in Houston is strong and I am looking to leverage the equity and grow the portfolio especially in some of the up and coming areas.My main question is about pulling out equity from a property in a high tax area like Houston.
Matt Merrill
Broker suggestions to hang my license (with a couple of caveats)
5 March 2019 | 6 replies
I would like the ability to process maybe 1 or 2 personal sales where I would like to keep costs low.
Mark De sagun
New to OOS REI from Los Angeles, CA
29 November 2020 | 15 replies
I would agree with you, that Bakersfield would have more diverse economy and likely more population growth.
Katie Weinstein
Just getting started with high DTI
6 March 2019 | 4 replies
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).
Ryan Schuler
Looking to take out a HELOC to get started in REI
7 December 2019 | 6 replies
Does the new refinance affect the ability to pull money out and follow this process with the HELOC over again?
Michelle Truong
New to BP and Wanted to Say Hello Everyone!
8 April 2019 | 21 replies
Not only does it cash flow well but it also has a growing population and job growth.
Maricruz Romero
Seeking long distance investing advice- How do I select a market?
3 March 2019 | 10 replies
I looked for Population & Job growth, easy flights to/from NYC, no Snow and as mentioned friendly Landlord Laws.
Chris Grebeldinger
new investor strategy in Indianapolis?
3 April 2019 | 8 replies
I certainly have investors who purchase A-Class assets, but it's usually just parking money for long term equity growth with very few headaches... not ROI based on cash flow.I typically consider asset classes tied to rent price ranges.