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What happens if I have a bank loan and fail to pay the mortgage? Will the bank take the property away from me? Is this why it is always better to get a downpayment even though I have enough cash to purchase the entire...
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Hello biggerpockets :), heard back from two of my brokers and pretty much the only options I have to get into a rental is going the private route. So I just started thinking and thought about freeing up some cash whic...
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My husband and I are starting our real estate investing journey. He is a general contractor and I am currently a casino manager. We bought a house in September 2020 using his VA loan for $257k we spent the last year a...
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Hello. I was introduced by a coworker to BP who is a long time and highly experienced investor and he has poured a lot of knowledge into me, however, I think we're at a point where he isn't going to go any further wit...
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I am 28yrs old in LA working in marketing. Right now I have about $20k in a high yield online savings and money market, and not exactly sure which I should focus on more - paying off student loans, saving to buy a...
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Girlfriend and I might be moving to Tulsa from DC and have been doing a ton of research into the city recently. We are both shocked at how nice Tulsa seems. Looks like a lot of things are happening and the city is tre...
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I got my CT and went by the property, ring the bell and knock on the door no answer. Went back at night and no lights on or AC running. Place looks abandoned like a typical foreclosure. However I spoke to the property...
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Hello, I'm in the stage of figuring out where my money is going. When I hear people say, "Live off 50% of your income, invest/save the rest" how would I calculate that amount? I know the difference between GROSS and ...
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Hi All!Been away from BP because at my day job they basically block any site that does not deal with IT and their corporation :-)So my fiancé and I want to start getting into rental properties, preferably multifamily ...
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So I'm currently a teacher, 36 years old. My wife and I are getting to the point where it is financially possible for me to do something else for the rest of my career. I've been teaching for over 10 years and frank...