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Results (2187)
Patrick E. Paying off mortgage?
5 February 2009 | 35 replies

I was wondering if anybody that buy and holds a house if they ever use the positive cash flow to pay off a house faster?? Is this a good startegy?

Lets say you pay it off faster then you get all the rent the tenants...

Jennifer Lee 1031 and first $1M deal, Done!! Thx to BP
7 October 2015 | 17 replies

hi BP,just want to thank you! stumbling on this site was the best thing ever!I don't have time to write out the details bc its still work in progress and I'm just updating you all on my journey here on BP.Thx for the ...

Jimmy H. Cash Out Refi Strategy for Acquiring Rentals
29 November 2012 | 36 replies

I'm close to completing my second flip, I just listed the property on my local MLS when I had an idea:

Why not cash out refi for more than I have in the property.

I bought the house for $40k in cash, I have less tha...

Eddie Pfeifer 1031 Exit Strategies
17 January 2019 | 20 replies

My wife and I have a NNN property in rural MS which is going great.  The lease is guaranteed by the parent company, so even if store goes dark, we get paid as long as the company is solvent.We live abroad and are cons...

Mark S. Family Bank - Anyone Doing This?
30 September 2019 | 12 replies

I just finished reading The Debt Millionaire by George Antone. Decent book (although I would recommend The Value of Debt in Building Wealth by Thomas J. Anderson over this one - somewhat similar concepts). The autho...

Jay Richards 21 Year Old with $100,000 to Invest in Looking For Guidance
20 April 2018 | 31 replies

Hello guys, I am young entrepreneur with zero experience in the real estate business. I have been in the eCommerce business for 2 years just stacking and saving all of my profits and I have $100,000 to invest. I just ...

Kevin Goldman All Cash or Loan
5 August 2024 | 21 replies

I have been sitting around and lost out on some multi families in the markets i'm looking at investing in.  I have about $1mil from a sale that I need to put to work.  I live in Los Angeles and do not want to buy in c...

Account Closed Approved Tenant requires Owner's SSN/Taxpayer ID for 'Reporting' purposes
28 May 2015 | 44 replies

does the approved tenant (for one of the 2 units in a legal duplex) have legal grounds to be demanding the owner's (landlord's) taxpayer id? tenant explanation is that intends to file a 1099 for each year she is owner...

Bryan Hancock Deduction of Interest on Home Mortgage on the Chopping Block?
14 July 2010 | 38 replies

I have seen several articles claiming that the deductibility of interest for your primary residence is on the chopping block to close our budget gap.

Does anyone know what is happening with this? Who is pushing th...

Asma A. 15 year vs 30 year on 96K rental income
18 February 2016 | 44 replies

Hi all! I'm in process of closing on a 96k rental property and trying to decide btw 15 and 30 year mortgage.  Below are numbers:Purchase price: 96,000Down payment: 20%Interest rate: 3.125% on 15 yr,  3.85 on 30 yrMont...