Account Closed
Just refinanced my 5 building portfolio into an I/O @3.625%
I just refinanced $6.5 million of debt across my 5 unit portfolio which appraised out at $9.8 million. Terms:- Interest only fixed at 3.625% for 10 years.- Rates readjust annually after 10 years - stays I/O- Half a p...
Alyxaundria Sanford
Getting Financially Fit Before Investing.
Does anyone have any budgets or regimens they implemented and found resourceful to prepare their finances for investing?A lot of people on the podcasts who start out with "no money" had someone to ask for money (mom/d...
Rick Alvi
Pay off Student Loans? Or Save for Apartment or Mobile Home prop.
Hey guys,I'm not sure what to do.. I know eliminating my student debt (I have about 19k) would ease some of my anxiety for sure, but is it the smart thing to do? I want to be financially independent in 10 years. I'd l...
Vincent Plant
Best thing to do with cash flow?
I just picked up my first rental income property. I am in the process of having it rented out and have a tenant scheduled to move in within the next few weeks. If everything goes the way it should (the tenant pays the...
Cody Brinkman
Whether or not to pay off student loans...
Hello BP,I'm not brand new to Bigger Pockets, but have yet to ask for input from anybody so I figured I'd jump into the community and see varying opinions about deployment of capital.I just closed on my 2nd Duplex las...
Robert Pierce
Invest in stocks, pay off student loans, or buy Real-estate.
I'm a long term stock investor and have recently started looking into Real-estate opportunity as a way to diversify my investments, still very new.Right now I'm in the process of selling my home just outside Orlando m...
Hasan Hamdan
Bankruptcy Short Sale
What do you say to a seller when they ask how does a short sale benefit me after I've done bankruptcy? Are there even any benefits? What I've been saying mainly is that its added protection and gets your name out of i...
Steven J.
Advantages of lump sum principle payments
I recently came across a thread with the term lump sum principle payments. I've searched this term and have failed to come up with much evidence as to how it helps investors except for with tax purposes.
"I u...
Steve Steve
New investor in Iowa & Illinois. (travel nurse). want help house hacking or AirBNB
Hello, I am completely new to investing money on a scale such as this. I would very much like to start investing and house hacking. I do not currently own any homes, but I am trying to come up with a strategy to inves...
Jim Growfer
For a quick analyzation of a property, is this right?
I've been using this as a filter to see if a property is worth looking into further. Is this accurate?I look at the Gross Income and then do 50% of that to = NOII look at the purchase price and do 7% interest to figu...