Robert Arquilla
New job, double salary, but moving family out of state.....
Hello everyone! My wife and I and our 2 young kids currently live in Ohio. My wife is very family oriented and her family as well as my family is 10 minutes away from where we currently live, except for her sister w...
Matt Ferch
Calculating amount of rental income needed to replace W2 salary?
Hello, I’ve heard that due to tax differences that the amount of rental income needed to replace W2 income is not dollar for dollar, but something less than 1-to-1.Could someone explain? What does a rough calculation ...
Todd Fullerlove
First Flip Completed & It Was Half My Base Salary
Investment Info:
Single-family residence fix & flip investment in Stillwater.
Purchase price: $16,256
Cash invested: $4,709
Sale price: $45,000
This property was an off market short sale, I p...
Carl Flint
FHA loan process for agents or other commission based salaries?
HiI’ve been reading into creative financing options to get started in REI. I am pretty attracted to the FHA loan and 203k loans.I’ve started to repair my credit. I’ve been putting a significant amount of my income in ...
Jessica S Mead
Newbie needs advice! leaving salaried position - buy now or doom?
Hi everyone! I am newbie looking to turn real estate inventor.....I am about to leave a good solid/salaried position, have excellent credit, but NOTHING where I live is worth purchasing due to sky rocketing costs....l...
Samantha M.
Salaried or Hourly Rate Jobs If you have a License?
I just obtained my real estate license and would like to put it to use in some capacity.
Are there positions that require a license that are salaried or hourly rate in the real estate industry. Position would have ...
Matthew Sampallo
What to do with $100k and $16k monthly salary (combined)
Hello All, my wife and I are hoping to make the most out of $100k that we’ve been able to save over the last few years. I’ve considered buying a car wash or laundromat, lending the money to friends that can use it for...
Isiah Ferguson
how can someone refinance a property with a SALARY JOB ?
Hey BP.I was wondering is there a way I can refinance 2 properties that I have which are both free and clear WITHOUT a job. I looked into a hard money loan which based off an individuals' assets in total and it is a 3...
Tyler Anderson
High salary and 300k in cash but can’t get financing.
Foiled by student debt again!
I’m a young professional with a high salary job, good credit score, 50K saved up for investing, but high student loan balance (due to be forgiven in 5 years through PSLF, so I DO NOT wan...
Haseeb Awan
Paying off mortgage quickly vs cash flow for salaried people ?
Hello, While majority of the people on BP are always championing cash flow, I beg to differ the strategy while thinking long term. I am curious on what other people think of it. Currently I am taxed at 35% of my incom...