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Hi BP,I’d like to generate a fresh thread to address an issue that is catching many new investors by surprise: The 6-month Seasoning period.I’m now on my 3rd Rental. It was time to give the BRRRR strategy a try. I pur...
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#askBPI have $30k saved and ready to use. Is there an advantage to using this to pay down my current (primary) mortgage and then getting an equity line of credit, or should I use this strictly as investment capital? ...
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Good morning BP!
We are getting closer to that point in time where purchase of a US residential property (4-unit) will become a reality. In preparation, I am looking for a thorough, but concise tutorial on ...
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Hey guys! Thanks to all the inspiring stories on this forum and the podcast, the hubs and I are taking massive action getting our finances in order to qualify for the best possible mortgage on our first rental propert...
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Hello all, i'm comming in hopes for a little insight. A little back story. My wife and I purchased our home in 2008. It was built in 2006 so we are the 2nd owner's. We purchased it for $122,000. We also cashed in...
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Hello Everyone!
This might sound like a no brainer to most of you but I want to hear your thoughts about this situation.. If you are only starting out in REI (no experience and don’t know anyone personally who could ...
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I have a goal of paying off at least one commercial (high hassle) mortgage and 2 higher rate residential mortgages this year, in 2017.So far - the commercial mortgage has been refinanced with a $61k cash-out, no point...