JR Paulemon
Infinite Banking Concept
Hello BPA few weeks ago, I finished reading Becoming Your Own Bank (The Infinite Banking Concept) by R. Nelson Nash. Prior to reading the book I have been pursuing my 1st multi-family apartment deal in the Orange Cou...
Alex Silang
The dangers of leverage? Could someone explain?
I don't completely understand this and need someone to explain it to me.
2 people have 50k equity in their 100k home. 1 decides to refinance and cash out 25k and bring the house back to 75% LTV. The other is ...
Ray Hayward
Benefits of Private Financing
Hello, I am curious to know the benefits of doing private financing from an owners prospective. Why would someone be willing to do private financing on a home or investment property?
Shahriar K.
$3000 in rental income
Good Morning BP memebers
Although I have been mostly looking at flipping properties(still looking for that first deal), me and my wife were thinking what would it take to earn $3000 in passive income after al...
Edwin Epperson
St. Petersburg Florida Private Loan with a JV Option!
Investment Info:
Single-family residence private money loan investment.
Purchase price: $40,000
Cash invested: $15,000
Sale price: $159,000
We partnered with an experienced real estate investor (...
Alex Kesner
Credit cards for down payment?
I vaguely remember hearing on a BP podcast about someone using credit cards for financing. Am I crazy or do people do this? To me it could be cool to use a CC and get the perks of having points for travel & such (...
John Paul
Best place to park cash
Hi, Our current savings account in bank pays 0.15% interest. Wondering where is the best place to park cash (50K). Until we decide where to invest, what would be the best place to park the cash so it can earn more ...
Helmut Forren
I don't understand how higher interest rates can work
I like to buy and hold single family homes for rental. I have a strategy that has been working very well for me. Of course, conventional financing is becoming increasingly difficult. I've seen other financing metho...
Juan Lopez
Cash out 401k and Roth IRA
Hello guys:I wanted your opinion on my intention of cashing out my 401k and Roth IRA account to use the money to buy real estate. I think real estate market has better opportunities at the moment and more potential in...
Ryan Moore
How to earn a little more on my rental's reserves w/ LLC
I have my rental's reserves sitting in my business account earning nothing. I have my personal finance reserves over at Ally earning 1.65%. Nothing crazy, but still it's something. I cannot open an account under my...