Travis Billings
Pay off personal debt first?
Hello BP!!
This is my first post. I've become interested in real estate after talking with a friend about how to get more cash flow. I've been reading many posts and listening to podcasts daily on BP. My goal is to ...
Ian Smith
Tenant application with medical debt and Liens
Any advice on renting to a tenant with medical debt and liens. The tenant failed to meet my 650 credit score limit and has 3 liens totaling about 50k on the background check.
Gabe Goudreau
Planning For Unseen Expenses When Investing In Rental Properties
Hello,
I recently listened to Dave Ramsey dissuade a caller from purchasing a multi-family building, and I believe he made several valid points. He said that one of the main issues is that the buyer didn't have the...
Doug Phillips
New car, hard to get conventional loan for first time home?
Hi all,My girlfriend and I just got a new car- she makes the payments and we put it in my name due to my pretty good credit (hers is currently pretty bad). My question is: My dad freaked out when we bought it because...
Sheridan Wiggins
New Investor in Tampa, FL
Hello All! My name is Sher and I am a soon-to-be new investor based in Tampa, FL. I currently work in education for a non-profit agency and one of my short term goals is to make investing my main source of income with...
Don Regal
In Debt with a $12 an hour job
I’m currently working for a moving company that only pays $12 an hour and with debt, rent, and living expenses ( I’m very frugal). I owe a little under $10,000. So my main question is : is it still possible to dive in...
Ross Carpenter
Buying Tax Lien on HOA Common Area Property?!?
One of the municipality auctions I am going to has a large number of tax liens on delinquent HOA common areas (i.e. things like the right of way at a main entrance to a suburban housing development). The properties wo...
Mathieu Dumoulin
BRRRR + nee construction + STR
Investment Info:
Single-family residence other investment.
Purchase price: $715,000
Cash invested: $530,000
The house has a mother in law unit, and a main house.
We built an ADU, 2 bedrooms + loft f...
Dan Bottiglieri
Mortgage on top of student loans straight out of college
Good evening, everyone. My name is Dan Bottiglieri, I'm currently a sophomore in college majoring in finance and accounting, but of course my main goal is to invest in real estate full time eventually. I plan on get...
Pete Abilla
Refinancing single family rental portfolio
Suppose I own a medium sized single family rental portfolio and I’ll be ready to refinance it in 2 years. I’m hearing conflicting reports:1- refinancing a single family rental portfolio will follow the retail comparab...