Hey BP community!
Recently did my first deal on an out-of-state duplex and I want to ensure I'm keeping track of all of the financials to remain organized and ready for tax season each year. Also want to be able t...
Hello, thank you for taking the time to potentially help us. My wife and I are looking to purchase our first rental property. I have 15k saved. I am looking in class C neighborhoods. The property I am considering is 4...
Is there a financial resume template available anywhere on BP which could be used to when speaking with potential lenders? Credit score, debt, assets, etc...
I took stock of my credit card balance and how much personal debt I've paid off in 9.5 months, plus how many activities I've cash flowed. A total of $7,100 personal debt paid and $6,300 gone towards a vacation, some v...
I listened to former CEO of BB&T John Allison speak at Harvard Law School this morning. Give us Liberty, but not a Bailout!He talked about bad mistakes made in real estate driven by governmental policy. And anxiet...
Just after 5PM here on the west coast. Closed a nice wholesale deal this week, created a new partnership with a fellow investor, and now I'm on my way to the bank to deposit a few checks, then pick up an afternoon Sta...
Hello BP -Has anyone had any experience utilizing Host Financial for financing your STR or LTR properties? If so, please share your thoughts.Thank you!
Hello BP Community,Just getting back to business after a family medical issue held us up for a number of weeks. We have heard of, and had contact from, a finance provider known as Forum Financial Services, based in L...
Investment Info:
Single-family residence hard money loan investment in Elma.
Purchase price: $350,000
Cash invested: $10,000
Sale price: $700,000
I invested a small $10k for a 10% annual return
...
I just paid off all my credit card debt with my savings with hopes of improving my score but now I don't have as much "saved" for my down payment..
Was that the right or wrong move?
#Thoughts