Michael L.
To Heloc or Not to Heloc is my question?
I got faith that my "BP Fam" can shed some light on this for me, so big thanks in advance. What are the factors other than the interest rate when choosing between a Heloc or a cash out refi?
Shawn Ackerman
3 deals in a month and half all went BUST!! GOOD OLE Milwaukee!!
In the past month and half I've had 1 SFR and 2 duplexes under contract. I had 2 of the three properties inspected but "NO DEAL". The first SFR had 27K+ worth of differed maintenance(Thumbs down) and I was purchasin...
Karen Johnson
Planning to Purchase With HELOC Funds. Need Help With The Basics.
Hello fellow BPers!
I've been reading related posts on the forums, but I need someone to explain a few things to me slowly and carefully, LOL.
Here is what I would like to do:
-Take out a HELOC on one of my invest...
Jiseok Kim
5% cash on cash ROI - better to start out anyway or wait
As a first timer in the real estate investing, I wanted to start out easy.So I have been primarily looking for easy properties nearby in a good school area, cleanly managed, good neighborhood and etc although the list...
Daniel M.
Seeking Advice on Using Retirement Funds for Real Estate Investment
I’m considering cashing out my 401(k) and IRA funds to invest in more real estate and would appreciate any advice or insights on whether this idea is viable.
Current Financial Situation:
Significant savings in 401(k...
Jose M.
Future newbie from Chicago and Milwauke WI
Hi all,I am hoping to be a real estate investors in two years. Here is my spiel: I just turned 22 and I will be entering my final year of college this fall (graduating next spring). I am originally from the city of Ch...
Raymond Lei
Thoughts on purchasing my parent's reverse mortgage home
Hi guys,Wanted to get your opinion on a situation that I am in. My parents (father) took out a reverse mortgage approximately 5 years ago and have accrued about $160k in total. The net worth of the house is worth $275...
Sharad M.
Create a reserve?
Hello all,
The last few weeks I have been busy with rehab work on my properties and getting them ready for tenants. One question I am struggling with implementing the 50% rule. I am not sure how to go about it.
One...
Matthew Creel
529 Plan or Rental Property to Fund My Kids College?
In talking with a close friend of mine about my personal real estate investments in 2018 he informed me that he and his wife are seriously considering investing in real estate as opposed to funding a 529 plan for thei...
Brandon Holtzinger
401K at work or rental property?
I was listening to the Lifestyles podcast and he said that people investing in real estate should not invest into their works 401K but invest in rental properties. Lets just throw an example out there. If you were loo...