Hello everyone,My name is Steve and at 46 years old, I'm looking to possibly start a STR business and while I've been doing a lot of research, I guess I'm feeling a little lost (or maybe overwhelmed is a better way of...
I really need help making the best tax situation here.I bought a note (owner in my name) from a bank at a discount. For ease of analysis, lets say I paid $10,000 on a note with a balance due of $100,000.I then bought...
I purchased a single family house hack in Tacoma Washington February of 2020. Roommates have been covering the mortgage, so I've been able to pay off a lot of my credit card debts. I've been fortunate to benefit from...
Hey guys, I am new to BP, but am very impressed with the amount of experience and knowledge on this forum and its members. I need some financial advice.I have 2 Rental properties where I am owner occupant of one of th...
Investment Info:
Condo buy & hold investment.
Purchase price: $320,000
Currently have a long term renter, the rent pays the mortgage and other expenses but provides no cash flow. Planning to sell and...
For context, a quick background.I’m 23 years old, just graduated from college, making 45k a year (going to be relatively open here about finances because I want the most accurate feedback)I have about 60k in student l...
Legal question:
Florida statutes say that new owners are responsible for paying previous owners arrears. Bankruptcy discharges outstanding debts. So does that mean the new owner of a condo where the previous owner ...
Hi All,
Just came across and joined this site today. I am new to MD and looking into ways to:
1 - decrease debt
2) increase FICO score
3) save money
4) buy my first home
I look forward to chatting with you all.
Hi investors, If you can pay down a mortgage, which one would you pay down aggressively first, a rental that has high appreciation and little cash flow, or the rental that has a higher cash flow but little appreciatio...
Has anyone heard of United Financial Freedom? They indicate they have a software that analyzes your income and debt and then structures your debt payoff, utilizing your credit card and available cash...resulting in y...