Hello,I'm currently refinancing my primary residence, I can either do a rate/term refi and get 3% interest rate, or get roughly $90k cash out and get 3.5% interest rate.I'm considering getting the cash out to launch m...
When it comes to managing tenants, the dynamics can sometimes be complex, especially when you're living with friends. In Colorado Springs, I have house hacked several homes with over 20 different tenants/friends. Navi...
Im just getting my feet wet with RE investing, Ive met a local investor with 12 properties he would like to sell. I went to a mortgage lender, and it turns out I do not have enough "established credit" The investor in...
Closing a deal can be a real rollercoaster ride! So many tasks, so much stress, and complications galore. But fear not, there’s a way to power through - the almighty checklist! It's like having a personal assistant wh...
Just purchased my first property and trying to decide if I should convert an oversized laundry room to a walk in closet or into master bathroom. If i convert it to a master bathroom is it possible to have just a showe...
IÂ have a first time time land lord. I am fortunate to have a wonderful tenant in place. IÂ am considering selling my property. The lease expires 6/30/24. I should have 200K plus in equity. My living situation is i rent...
Hey Everyone,I wanted to share my first BRRRR success story with the BP community. It's a bit lengthy but you can scroll down the find the details of the deal.STORY:First, some quick background (deal starts on 3rd par...
My husband and I are owner occupying a 4 plex in San Diego CA. 2 units are rented, one is vacant. We moved in 9/1 and gave all tenants 60 days notice. We received September rent from both units, but thus far only rece...
Hello BP!I recently left my W2 job and want to transfer my 401K over to a self directed IRA. I read a bunch of reviews online for various self-directed IRA companies but the testimonials are mixed. What are some recom...
Trying to figure the interest rate I should receive for loaning money to a house flipper, does 10% to 12% sound correct.