Jacek Blaszczyk
What to do: opportunity to buy a 400k home for 215
Hi all, my wife and I are at odds. She has a family member who is looking to unload a second home that's worth roughly 400k. They would let us take over the remaining mortgage of 215k @3.75%. It needs some updates ...
Landon Dolezal
Househacking?
Iv listened to the podcast and read some forums so i guess im missing something somewhere. How does the house Hacking work? I have a specific place in mind. I know we calculate for PITI, Repairs, Vacancy. even Propert...
Samuel Brittain
HOA voted to stop STR need advice
So Jan 2023 I purchased a brand new home about 2 miles from the beach. The HOA at the time of purchase allowed STR and the dues are $20/yr. There are only 4 STR in the neighborhood and the HOA voted to stop allowing ...
Salee Starbuck
Biding on Foreclosure
Does anyone have any experience in purchasing property foreclosures that go up for auctions online??I'm interested in a unit that is going up for auction in a few weeks and dont quite know what i need to do to prepare...
Courtney Merricks
Does it matter what type of vehicle a REI drives if he/she is wholesailing?
I would like to know your thoughts... If you are a motivated seller and you see two cars at the gas station with magnet signs that read "We Buy Houses Cash, Any Condition" along with the phone number. One of the cars ...
Daria B.
tenants report mold but restoration company says nope not there..
This gets stranger by the moment. Just wanted to share....Tenants where renting for a full year and then renewed last Oct-2015 for another 2 years having already lived in the home for a FULL year prior to the renewal....
David Roberts
what is more profitable, all cash or cash out refi?
the math suggests to me that leverage makes you more profitable using cash out refi method where you buy all in at 75% arv then cash out in 6 mo. That versus buying all cash. Myself and a friend have been debating it...
Graham Mink
Debt Payoff or not?
Hello,
Looking for some input from the BP Community.
My wife has $15k remaining of outstanding student loans. Our payments are $300/ month and the interest rate is at 3% fixed (2% after tax deduction). ...
Dan Stelmach
Capital Gains - Best ways to reduce
Hi There,
This is my first post so thank you to anyone that can provide feedback!
I recently bought my first residential property (a condo) in the burbs just north of Chicago. I bought it off market at a great dea...
Joseph Billow
Buy and hold cash flow
I'm not sure if there is "one" answer to my question. However I'm not sure how one should determine cash flow on a SFR or small multi family Buy and Hold. Specifically in regards to the term of the mortgage. Is it com...