Dorys Prentice
Can I deny a Rental Applicant based on perceived lying?
I have a SFR that I just put on the rental market after two years of remodeling. The place is brand new from the studs in. I have had a myriad of unqualified people inquire. I did get a request from a person who is...
Christopher Dowling
What would you do with $500k?
I came to BP to learn how to buy multifamily property at a discount to either fix and flip (a la Nickerson) or hold for cash flow.
Obviously, BP is a vast, deep resource of knowledge and I have since been introduced t...
Account Closed
Alternate strategy for mitigating risk on investment properties.
I’m curious to find out if their are other BP members who have adopted this kind of strategy. I’ll caveat but saying that I have a few primary goals that are driving this strategy so bare those in mind.Goals:1. Be han...
Laura H.
The Shell Game - Pay off Debts or Invest?
I'm trying to take the approach of having my money work for me instead of the other way around. The struggle, however, is balancing what looks good on paper with what I want to do; being disciplined and careful, but n...
William Mitchell
Is it a bad idea pay off credit card debt with my 401k?
Hello All,
This is only my second post so I hope this is the correct forum. We have over $20k in high interest credit card debt and the payments are keeping us cash strapped every month. We are just starting to look...
Travis Zuehls
LOAN STACKING Payoff Mortgage in 1/6th the time and save 100k+
I'm not sure if this is a legit term but I've thought about this before and then I ran the numbers and was pretty excited to see what I came up with. Perhaps many of you already know about this and I'm just behind the...
Aimen Shawki
Multifamily in Los Angeles - Bad timing? Should I look elsewhere?
Hello All,I've been lurking here for a few months now, mostly saving, reading, and absorbing. I finally have some cash to start investing, but the problem is every property I analyze in the area does not cash flow at ...
Matthew Sarro
How necessary is a history of personal financial statements for a lender?
Hey everyone. I am reading through the "Real Estate by the Numbers" book now, and am still in the beginning where it discusses personal financial statements.For the past two decades I have been using financial aggrega...
Louis Mannikko
Using 401(K) Loan to finance first property
Hello,Just curious what you all thought about the idea of using a loan from your 401(k) to finance the purchase and rehab of a 1st property.My plan would be to use 40-50k to purchase a small rental apartment, fix it u...
Philip Amundson
Looking For First Deal: House-hack and FHA Financing
Hello Bigger Pockets,I am a brand new investor looking for my first deal. My goal is to have this rental property by August 2019. I am looking for a single family home in the price range of $160,000-$185,000 in the Mi...