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I'm throwing a question out about how to get started in the infinite banking concept and the ability to leverage one of my properties to get started, does anyone have any experience in doing this? And the other quest...
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Hi Everyone! I have a rental property with the following details:210k loan balance $2500/month rent$6000/yr in income after PITI and costs todayIf I pay off the remaining balance on the loan, I will have over 10% cash...
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HiNot sure if this is the right subforum, let me know if there is another one more fitting for this question.I have recently been exposed to a method of investing, buying properties with cash, then selling it quickly ...
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Snow balling vs 15 year notes on rental properties....? Have any of you ran the numbers to see which is a better strategy on paying down the loans on your properties? We currently have 2 rental properties, one a 4 pl...
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2 years ago, I decided I wanted to get into house flipping, so I got my RE license last Jan. I sold 20 houses last year in my local market (ASHEVILLE NC). I wrote my goals for this year and on that list was to put mys...
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Hello,
My name is Kristopher. I’m 22 and live in Miami beach, FL with my parents and girlfriend. I am a college student studying Finance, and I also have a part time job at Bank of America. My parents have ow...
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I'm currently comfortable with using $50k - $70k of my savings to invest for maximum cash flow. I have to add that caveat (cash flow) since I'm due to get out of the Navy here in 7 months. I'd love to not have to go b...
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Hey BP!Just wanted to tell everyone about the first syndication I closed. Yesterday July 31st, I closed on a 48 unit multifamily in Columbus, OH. Purchase Price: $1,115,000Occupancy: 75%Down Units: 6 Light Turns: 66 -...
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