Pete Storseth
Cant get approved for house hack
So I'm trying to start my real estate portfolio with house hacking, refinancing, and cash out pays for the next down payment. My credit is 711, and my debt is low, BUT I only make 23k a year. Ew.So I go to banks toda...
Raden Mantuano
Question on Interest only loans..
Hey everyone! So for those of you who’ve followed my previous post on getting my first rental property via seller finance, I wanted to follow up and get some insight on some of the terms we’ve agreed upon and accepted...
Account Closed
Does your 401k send you checks every month? – My properties do...
Someone just told me that their 401k just sits there. It doesn't send them a check every month. Sure, they said, they get a growing amount (as long as the stock market doesn't crash) but when I saw their numbers, it w...
Tyler Garza
Shoot Down My Beginner Strategy
Looking to get going on some real estate so I can replace my wife's income and she can quit her job. Please poke holes in this strategy. We currently live in a 1000 sqft single family home that we pay a mortgage on. M...
Jeremiah H.
Not sure what to do with a house with equity and need advice
I purchased a SFH for my primary residence about 3 years ago via short sale. Purchase price was 133K, I put down 20% with a 2.99%APR on a 15 year loan. I owe around 90k on it currently and it's worth roughly 180k. We ...
Zhenchen W.
Cash flow or appreciation?
Hi all, I've been saving up to buy an apartment in NYC where I live and work, but have decided to put the money to better use to invest in rental properties out of state. Complete newbie in real estate investing, and ...
Ray Hurteau
Help needed with COMPLEX deal involving 3+ parties (lease option & private money)
Hello BP Forum... My partner and I have a potential deal and it's not straightforward... we've never done a lease option, but we're not about to let a little complexity discourage us from this deal.
What will discour...
Jessica G.
Advice: Cash out refi
Hi everyone. So my husband and I had been aggressively paying off our mortgage with the goal of saving up for a rental property after that, but with all of the information here and after talking with some investors at...
Mr Good
Deciding if this is the right property
Hello, I am a new investor to real estate. I want to buy a home with cash outright, to keep as a longterm investment. Rent it out. I may refinance it later and buy another if it goes along well.
I found a home for ...
Katherine Earle
Negative Nancies
So....I started telling my family that my hubby and I are moving from CA to MI to start investing in real estate while operating our business remotely and heard so much negativity. My hubby isnt scared because he has ...