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Plan to start with first rental property soon with a business partner. Will have my primary residence paid off before we buy our first rental property and will also have the 20% down payment covered on first purchase...
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Sorry for the newbie question but I wanted to confirm with BP that it makes more sense for me to cash out refinance vs. getting a HELOC.Current situation:$190K balance on primary residence (Property A)Fair market valu...
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Hello, just wanted to throw a strategy out there for tax free retirement income. Refi ladder: for purpose of this posts we'll say we finish with 30 properties, all with 15 years of equity and payments on a 30yr note...
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Hello,
The seller has accepted my offer of $121,200 for a 3 bed/2 bath townhouse. I initially analyzed with the following information and the property yielded a ~$420/mo cash flow and a ~15.7% cash on cash return:
P...
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Interested in real estate investing looking to do by and holds and some flips and been doing lots of research and listening to lots of bigger pockets podcasts. One thing I can't understand is how much I hear about lev...
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Ever peeked over the fence at the glamorous world of real estate investing and wondered, "Just how much dough are those folks raking in?" It's a juicy question, one that's sparked countless dinner table debates and la...
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Hi all, my name is Michael and I am a new member here on BP. I have a question that I am hoping someone can answer- Why do some people advocate that you never pay a loan down because a loan is a wealth generator? I kn...
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Hi There,
I have located some properties in College Station, TX area and looking forward to buy them. Builder gives 3.5%. I am looking for agents who can share the commission. If interested, please provide th...
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Hey all,
I am brand new to the community, so nice to meet you all.I am currently living in Australia with my partner, and bought our first house here a few months back. The property is for capital growth, but it seem...
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How to make your 1st million dollar
I have learned so much from other successful investors and wanted to share the some of the things that have worked for me on my initial Goal of having a Million-dollar net worth to...