Edith TenBroek
Is paying down a mortgage the best choice?
So DH and I are looking at some long term investments. We hope to start buying property in five years or so. We will be 50. First we need to pay off some debts and save some money. DH has a full time job he lov...
Nicholas Dillon
HELOC on Primary Residence
Hello All,I have around $200k in equity in my primary home. I own 2 other rental properties. I have a pretty large emergency fund in place for those properties, but I wonder if that capital could be better employed ...
Brian Kwan
How to Calculate Cash on Cash for HELOC?
Hello,There's a duplex that's going for $250k, with gross cash flow at $1900. Vacancy at 7% ($133), Insurance $70, Maintenance / CapX at 7% ($133), Taxes $75. I've got a HELOC that lets me borrow up to $63,000 at a Va...
Paul MacQuarrie
First time home buyer
Hello I'm looking at purchasing a single family home for around 400,000 in Edmonton Alberta. I have been pre-approved for 450,000 with 50k down @3.87 fixed with a rate hold for 3 months. Purchasing under this scenario...
Derrick W.
Am I moving too fast?
August 29th will be my one year anniversary as a REI. So far I have a duplex that pays for itself plus creates profit. A SFR that is paid for. A weekend place on the coast with a small loan on it. The remodel will b...
Isamar Ochoa
Low DP options for a $1.5M home in the Bay Area to househack!
Hi BP Fam,Just wondering if anyone can help send me the right direction. I'm ready to make my next home my primary residence to qualify for low DP programs (ideally 0% DP). I've heard that some programs have a price l...
Christina Banks
$5,000 saved, what do I do?
I am a beginner and only have $5k in savings. What are the options I have available? I would prefer to start with a townhome and rent out the other room while I live there as well. Trying to move out of my parents house.
Christopher Lane
Here’s a stupid question, but hear me out...
Hey everyone, I think I have a stupid question, but the more I think about it the better it actually sounds. I’m looking to buy my first property and the only thing holding me back is a down payment that won’t complet...
Kyle Lane
How to locate emerging markets
What would one look for to identify an emerging market, either for commercial or residential investment? I'm talking about areas that haven't yet started to boom and the price hasn't started to go up. I know this isn'...
Joshua Kohl
Leverage and reserves
How comfortable is everyone with leverage? How much cash reserves do y’all like to have in case of emergencies?I’m just getting started. Im under contract on a duplex. I work full time currently and make good money...