These are the loans where a bank lends you (for example) $10,000, but you must establish a CD or savings account with that bank in the amount of $10,000 as collateral and you can't touch the account until the loan is ...

I am wondering if you built up $10,000 or $25,000 or $100,000 in cash to invest, but were not ready to invest, where would you park your money? Would the "location" change based on the dollar amount?- Money market (FD...

My mother is selling a mobile home on a lot to her neighbor and is offering seller financing (California). The agreed upon purchase price of the property is $150,000 with $10,000 down. She would like to have a monthly...

It's 2023, what banks  do you use to  get best high yields on your savings account ?  This question is to any investor that needs to park their money in between flips or investments or just anyone who needs to keep th...

I am always looking for ways to leverage.  As a landlord, the more properties you acquire, the more cash you will have to deal with and store.  With every rental comes a sizable security deposit that you will hold ont...

Are there alternatives out there to holding reserve funds in a savings account?

Short term bonds? GICs? Anything else?

It hurts me to see essentially nothing in interest on my reserve funds when I know there are bet...

According to Reuters:
Washington Mutual, the largest U.S. savings and loan, was closed by the federal Office of Thrift Supervision, and the Federal Deposit Insurance Corp was named receiver. Customers should expect bu...

Hey bigger pockets family, newbie here. I’m curious about how most of you keep your liquid cash. High interest savings/checking account? Money market account? The reason I’m asking is because I’m about to inherit abou...

I have a savings account earning 0.1% at a national chain bank that just continues to pi$$ me off! I want to close the account but don't know what to do with the money. I saw 1.9% savings account from Credit Karma, 1....

Hello All, Any strategies on how to approach making additional payments towards rental property mortgage? Monthly extra payments?Lump sum payments once a year?Start a high yield savings account, CD, money market and u...