Matt Lane
Take the money or spend the money?
I’m in the process of buying a mobile home , $60,000 price getting loan for 25,000 -$30,000.I’ll be getting $7000 from mobile home park I’m putting home in. My question:Should I put $7000 toward principle or keep it ...
Zak Dolak
Choosing a HELOC
Hey guys,
Question, I want to get a HELOC. I’ve checked into my Credit Union and Primary bank. The CU offered me $200k, interest only or principle and interest payments. First year a rate of 5.24% and after that it’s...
John Land
Seller-Financed Notes
What is the PV of these notes and how is it calculated?A. $20,000, 12% interest, no monthly payments, principle and interest all due in 5 years.B. $20,000, 8% interest, payable at $350.66 per month fully amortized ove...
Shafi Noss
Syndication: How Valuable is the Time Value of Money?
Hello everyone, I'm trying to get a sense for just how valuable tax deferment through depreciation is to the multifamily passive investor. Suppose passive investor Isabel invests 100k in a syndication. The syndicat...
Brian Goodling
Seller Financing with $0 down!
Investment Info:
Mobile home buy & hold investment in Fort Mc Coy.
Purchase price: $51,900
Cash invested: $5,500
A quiet and rural 2/2 manufactured home sitting on 0.7 AC. Bought using seller fin...
Luke Pastore
Sandwich Lease Strategy
I am 20 years old and have been interested in beginning investing in real estate for a while now. I wanted to go the “house hack” duplex route but getting a loan is difficult now because my work history, although cons...
Greg Gibson
Living in an Expensive City on a Smaller Salary (my story)
NOTE: I hope this is helpful for how our family has used many of the principles taught here at BP to live the past few years in Washington, DC.------------------------------------By all accounts, Washington, D.C. is o...
Joseph M.
1031 Exchange into a Fund Like the Ones on Fundrise
Can you do a 1031 exchange from a rental property into funds like the ones on fundrise.com?
Hudson Doyle
Unexpected Paper Profit Tax Liability
I bought a 2 family the end of 2012 and have now completed my first year as a landlord. My accountant recently provided me with my Schedule E tax return for 2013 and I was surprised to see that my taxable income i...
Matthew Madrigal
Commercial Investing regarding taxes
Another question I can’t seem to find anything is. I know in the beginning of a loan you can just write off the interest because that’s all your getting charged but later down the road you pay more down on principle s...