Nick Mottl
Real Estate Investing in Interior BC
Hello, I’m a new Investor living in Cranbrook BC. Over the last couple months I’ve been learning about the power of real estate investing and how it can lead to long term wealth and financial freedom! I’m in a phase o...
Matt Barrett
College student looking for job (Boston area)
Hi BP community! This is my first post, but I've been listening to the BP podcast for a few years now.I'm a rising senior at a locally well known business school in the Boston area getting a Bachelor's in Business and...
Jimmy Lieu
Should I use a HELOC to cover down payment and entire purchase?
If I am doing a BRRRR, should I use HELOC to cover down payment/holding costs or the entire purchase price of the property? Or both? Pros and cons of doing each?
Gauge Brown
How long should it take for your lease rate to pay off loan?
I have a very general and probably overly simplified question. How long should it take for your lease rate to pay off your purchase price of the property?
For example, if I buy a property for $1,000,000, what would ...
Darren P.
What to do with a unfinished basement in a duplex
Hello,I have a full duplex 2 bedroom 1 bath upstairs on both sides. Currently both basements are not developed but zoned for a multi-family and have separate entrances. My question is should I develop the basements in...
Steve C.
Loan for condo complex heavily owned by investors
I am trying to close one loan with Chase for one condo as an investment property.I heard that they have a policy that they usually approve a loan when investor owned properties have be less than 50% in the condo compl...
Joseph Henry
How does paying extra principal on an ARM work?
I currently have a 30 yr fixed at 2.5%. Looking into buying a new primary home. With current rates, I am only thinking of a 5yr or 7yr arm. Never taken an ARM before. On a fixed mortgage, i could pay extra payments (o...
Connie Stainbrook
Question on non-performing notes and foreclosure.
I have a couple of questions on the topic of non-performing notes. I have read that if I own a note that is not performing and I have foreclosed on the property. That I now have a choice to keep the property in my ...
Cameron Snyder
Creative ideas to cut back on renovation budget
Hello! My husband and I just closed on our first property to flip and we are beyond excited! We're in a very competitive CT market and I am sure paid a bit too much but we are thrilled to get started and learn from e...
Chris Mason
Discovered neat/easy way to pay off 30 year loans in 20 yrs
I ran these numbers using 30 year fixed loans with rates ranging from 3.5% on the low end to 4.75% on the high end. This is for you buy-and-hold types that are now at the stage of looking at your 'permanent' financing...