My personal assessment of the overall economic risks has hit a tipping point. Decided to sell 4 of our Self Storage locations. They are great cashflow investments. But my overall investment strategy and Risk/Reward...
I applied for some mortgages recently and was declined based off my schedule E losses last year, one property had large repairs to be done. I was hoping to obtain another property, I already own 4 properties(6 units) ...
I currently own two homes free and clear, one short term rental that grossed 85k last year and our primary residence. I would like to pull the equity (or 80% of it) out of our primary and was wondering what my option...
I think I remember David talking about something like this in one of the podcast episodes- what exactly do I need to be asking for at the bank for them use the income generated from a business to determine if we quali...
Hello All, I just got my real estate license this past week. I can't wait to dive in and use it for different investing and Real Estate income Strategies! One idea that came to mind the only word I could think of to d...
Hi All,I am purchasing a home to house hack in Alexandria VA. I have two loan options, and I am interested to hear thoughts between the two. They are very different, which is making me struggle with comparing them. Pu...
Hi, I am a first time homebuyer and would like to buy a primary home for myself. However, I am stock-rich, cash-poor. So I've been looking for ways to get around capital gains tax from my stock portfolio. I did a quic...
Hi Everyone,I'm trying to assist someone in obtaining a loan. The person in question:Owns primary residence (300K)Has +-300K in equitiesIncome of $35,000They took out a HELOC and used those funds to buy a 4plex for $1...
Hello All: Just joined BP tonight and am excited to learn and contribute where I can. I have a purchase agreement on a commercial condo with a closing date of July 31st. The purchase price is $500K. I have just en...
Just saw a webinar on this. The software says it automates the process of pulling in listings and emailing sales contracts according to criteria you can set up. I know people on here have strong opinions about usi...