Where do you prefer to have your $ while saving for the next deal? Roth IRA? Savings account? Anything different? I'd like to hear where other investors prefer to save for deals?
So I am looking into making my 2nd buy-and-hold rental investment soon and wanted to get your thoughts on what makes more sense on the loan for a 115K SFH.Option #1 - 20% down payment (23K) with a 6.375% fixed 30 year...
My mortgage rate is very high and I would like to pay some of it off, so that my monthly payments would go down a bit, I dont know if it is financial smart to do it or not? any advice on paying mortgage off or faster
One of the most common questions that we get asked is, “If I were to invest $50,000 with you today, what kinds of returns should I expect?”
We get it. You want to know how hard real estate syndications can make your ...
Details... I have a quoted rate of 4.75% with paying just a hair under one point or $723. And have the option to buy down the rate to 4.25% by paying 3.121 points (an additional 2.134 points / $1,562 cash at closing)....
Hi All!I'm a new member to BiggerPockets and a newbie in real estate investing.Originally from Chicago, my wife and I are currently located in Southern California though we will likely relocate in a couple of years. W...
Is anyone aware of any Savings Accounts that pay high yield savings (1.6% or more) that allows you to open the account in your Solo 401k Trust EIN? I would like to be able to put my money to work in such an account w...
My dad owns 41 units right together. He has $800,000 in them. The rent from them have been paying the loan for 4 or 5 years. He said a few years ago they appraised around 1.2m and since then have fixed several of them...
I always like to take the first month of the year to look back at my past year and plan for the next one.In 2014 we bought and sold our first flip for a nice profit, I've discussed this in previous posts so I won't ge...
Hello all, I have a basic investing question: What is considered a positive cashflow when we borrow 100% of the money to invest in a property?In general and simple terms, it will be the money I gain over the money I s...