Got debt to pay off? You might relate to Leo, a personal finance journalist who’s focused on financial stability over FIRE—at least for now. With six figures in student loans and credit card debt, Leo found themselves...
Tyler McDonald
Taking second position when lending out private money
Hey all! I've got a chance to lend to someone for a rehab project. They would like to use a different property (a well performing STR) as the collateral due to the renovation project being a rental property that is o...
Jason Crowe
Notes in Lieu of Cash for Refi
Has anyone ever promised or took the position of basically creating a note to pay back if leveraging your poperty as collateral from a private lender? What were steps and how did you find this person? Basically some...
Patrick Cartier
Personal tax in cash flow analysis of a rental property?
Hello everyone,I am new to real estate investing and I am looking to purchase a rental property. Looking at 4-6 units properties. I would use one of the units as my personal residence and rent out the others. Having a...
Colby Burt
Hard Money Lender Prohibits 2nd Mortgage Position
Hi!A friend is doing a BRRR to STR. Most of his money is coming from a hard money loan. The remaining amount is coming from myself, as a private loan. Her plan is to do a cash out refi and pay back the hard money loan...
Maryann L.
What to offer private passive investor who gives down payment?
I am preapproved for a loan for a rehab that includes rehab funds. I need to bring 20% to put down which we have, but I have a private investor willing to put in the 20%. I initially thought to pay him 1 pt per mont...
Steven Libman
Listen with Purpose: How to Cultivate Effective Communication Skills
The importance of practicing tactical listening
Listening is a vital skill in communication, essential for building meaningful relationships and understanding others. However, not all listening is the same. There is ...
Kristopher Kyzar
Second Rental Sold
Investment Info:
Townhouse buy & hold investment in Portsmouth.
Purchase price: $60,000
Cash invested: $12,000
Sale price: $94,500
2 Bed, 1 Bath townhouse purchased as a rental. After 2 ye...
Devin Olson
Looking for Investor focused friends! (Bonus points if in Mn or Wi)
I'm sure like many of you, I've found myself at a crossroads as I shift from a younger fun focused mindset into a determined investor with a plan of financial freedom. I'd love to connect with other investor focused i...
Ying Jia
Need advices on my second rental investment
Hi, it is my first time to post question on BP and I am a investment newbie as well. I got my first investment in PA last year, B&C zone with positive cash flow. Now I am looking forward to expand my portfolio. Th...