Bruce Martin
Pay off mortgage or save the money for next deal?
Hello everyone,I know this is the all too common question that depends on one's strategy and tolerance for risk but I am still uncertain about which way to go forward. I have a townhouse that is cash flowing and I ha...
Rick Hart
First position HELOC + Rental property cashflow strategy
I have been brainstorming what I believe would serve as a dual strategy to play the rental property game the right way. Combining a 1st lien HELOC in lieu of having a mortgage. The advantages of a HELOC over a mortgag...
Sylvia Parker
Ready To Take Action
hello my name is Sylvia and this is my first post so I apologize ahead of time for any mistakes I might make.I live in Cincinnati, Oh and I'm interested in buying a multi family as my first investment property, prefer...
Jon Haney
Does a HELOC make sense in this situation?
Hi everyone,Currently I own two investment properties, and I’m considering taking a HELOC on my first property to cover a down payment for a third. This is my first time with any sort of creative financing, so I wante...
Jordan Hines
Advice for a college student
What is some advice you would give a college who wants to invest in real estate.
Sean Flanagan
STR Profit, what to do with cash?
Hi all,Not sure if this is the right place for this, but figured I'd start here. We're coming up on the 1 year anniversary of our first AirBnB, short-term rental. We're in a seasonal market and since closing, we hav...
Kyle Davis
Save positive cashflow or payoff mortgage faster?
Hey everyone, I'm under contract with my first 2 unit building here, closing within the next month or so. After the deal is done, I should be positive cash flowing about $500/mo. My question is, and curiosity to wha...
Antonio Evans
This stuff is very hard for me (Investment Stories?)
Im 25, 35k a year. 60,000 (25k car 35k student loans) in debt. I work for my capital. Parents don't help me live. My main purpose into educating myself about finances is to build wealth. I want to be a very wealthy pe...
Account Closed
Student Loans v.s. Real Estate Investing
Hello All,
I am just getting started on my path to financial freedom through Real Estate. With my first post on BP, I would like to ask for any advice regarding my current situation.
I am a recent pharmacy school ...
JC Leach
Use all reserves for a good deal?
I have an offer accepted on a 4plex. It will cash flow upon the sale. I have a contingency in place for the inspection since it’s out of state. My only concern is the down payment and closing costs will essentially wi...