Samuel Choi
Infinite Banking Concept [aka Life Insurance]
I recently listened to the Millennial Money Podcast where Chris Naugle talks about using a specific type of life insurance policy to "become your own bank" and build a foundation for wealthy building.The idea is that ...
Mike Montanye
Insurance for Rental Property
We are under contract for an out of state turnkey rental. Trying to gather insurance quotes.What advice could you offer?What should I be looking for? What should I add/leave out?What deductible would be best?Should I ...
Nikita Sharma
Cash Flow Calculation Question- Cash on Cash Return
Hi everyone,I just started looking into my first property to invest in (SFR or MFR). I am setting up the cash flow and appreciation expected for the first 5 years after purchase. I had a question about annual property...
Brian Nordman
Is Whole Life Insurance a smart investment to diversify?
Alright, so I've done some research into Whole Life Insurance and I think it has some awesome benefits. In my research though it seems to be pretty equal between the people who strongly advise against it and for it. O...
Santosh Prabakar
Quiet Title Action
I bought a fixer with cash in Texas with the goal of flipping it. I recently found the property has a title is not clean. I have the deed and title insurance so I think I'm good.I'm exploring quiet title action. What ...
Ernest Grindle
Fee Comparison for Conventional Mortgage vs. Cash
Hello, I'm about to purchase my first investment rental property. I received a preapproval for a $68.8K loan on an $86K purchase. I'm planning to refinance in 6 months to pull out some of the ARV equity after some reh...
Daniel Wolz
Landlord insurance advice
Looking for advice on landlord insurance - actual cash value vs replacement cost. I have a single family home rental that I paid $22k for a couple years ago. I have it insured for $24k under an actual cash value polic...
Jeffrey Radcliffe
What are you investing in with your Solo 401K?
Hello, BP Community,If you have a Solo 401K w/ $100K to invest, how would you invest it, or what are you currently investing in with your Solo 401K? I am considering investing in a small rental property and paying cas...
Archie Barrett
How lenders typically calculate DTI
Hello, I have 5 mortgages on 8 investment properties, but I'm no longer working a high income job and so I need to pay more attention to DTI for future loans. I want to verify when calculating DTI, lenders will only ...
Antuan C.
Infinite Banking, still a good idea? Evaluate my policy.
Hey folks,I started a Whole Life Insurance policy almost three years ago for the purpose of investing in real estate. Lately, I have been thinking on cancelling my policy and put that money towards maximizing my 401k ...