I am starting off the new year and really want to get build my wealth in a better way.I've got several properties (including my own house) paid off free and clear for over a decade. I'm 45 years old. I chatted with a...
Hey everyone! Ive been listening to BP podcast for a few months now and am in what I believe should be a perfect opportunity to take my first step towards financial freedom! I am in the suburbs just north of Chicago.T...
I have one rental no debt worth $400,000. plus cash of $200,000 more. Want to pull money out and buy more rentals. I could do the BRRRR method but don't really want to. What I need is income but want to be careful at ...
Lived in this current rental for 2.5 years and recently rented it out. Tenant paid entire year upfront (his employer paid for it as a relo for him and wife) and we gave a $2000 annual savings (150/month) We plan on t...
Hello everyone, I’m currently on the market looking for wholesale deals in South Florida. I have been researching and looking for deals that have at least $150k in equity but have had no luck. I have $750k to invest b...
In contract for 20-unit apartment complex. Before starting, bank advised that I could use cash reserves to purchase real estate outright. Then they would give me LOC based on a percentage of equity. President stated c...
I have about $200,000 in equity on an investment property in Oakland, California. It sets on a large lot enough to add a second unit. I bought it for $265,000. Legally it's a four bedroom, one bathroom single family h...
Hello Everyone,I think it's time for a change.I really want to keep my post on topic. If you have questions or want to debate CAP rates, cash on cash, etc. please shoot me a message and we can go from there.A little h...
My parents are semi-retired, have their house paid off, and have over $500k in equity. What are some ways we could use their equity to generate cash flow to potentially fully retire them?
BP rookie here I have a scenario that I would like input on if possible, I have a rental property in NV with 300k in equity still owe 280, current loan is with BOFA which was purchased as a secondary residence before ...