Juan Olvera
Am I Overlooking Anything
Hello Everyone,Wanting to get some input in our overall plan. Wife and I own a home in Richardson, TX. Currently appraised at ~414k, with ~200k equity, more or less. We used a conventional loan, still owe ~150k. Credi...
Ranier Olegario-Nebel
How to start with high debt
Hi BP community,
So I have a strong interest in rental properties and most likely am looking into purchasing out-of-state because LA and orange county are difficult to cash flow. I've only begun saving up for a down ...
Jodi Taylor
Househack Quadplex in Belmon-Cragin, Chicago, IL
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $512,000
Cash invested: $40,000
4-unit building. 50% ownership with a partner. Bought 100% occupied with rel...
Will Costello
Lump Sum Investing or Pay off Rental Home
I have a rental home with approx. $87k remaining on the mortgage (6% rate, 20yr, currently at month 57 of 240). I will be receiving approx. $91,500 tax free; more than enough to pay off the mortgage immediately.
I wa...
Melanie Moore
Opinions on debt before buying another home
Hello everyone,Please share your opinion on my plan or tell me if I'm wasting time waiting to pay down some debt.
I currently live in my home and owe around $79,000.00 with 4.000% interest in Arkansas. I plan to ...
Sean N.
Huge tax shock that came back to haunt me.
So hearing everyone talking about doing cash out refi's to buy more property I did but it came back to bite me in the butt.I bought a rental house back in 2012 and naturally values went up so after a couple years I di...
Ben Layman
Refinancing my old primary (now a rental) for cash-out
Hi everyone! I'm new to this community and this is my first post here :)I have a question I was hoping you guys could help me with. I have built up quite a bit of equity over the years paying down and renting out my p...
Andy Murray
Best account for down payment saving
I am relatively new to real estate and am in the process of trying to save for a down payment. Right now I am stashing money away in a savings account earning 2% (not a lot, but better than most savings accounts). I a...
Alan Byrne
Will the bank give me a mortgage if I save for a downpayment?
Hi guy's,I have a bank account the past couple of years but haven't saved anything in it until recently. Now I am consistently saving each month for a down payment. I am just wondering by the time I save up for the do...
Jose Sandoval
First property rented. Now what?
I just signed a one year lease on my first rental property. Should I save the income for future expenses aka reserves or reinvest?