I'm a newbie and looking for advice. My wife has recently received 100k from her employer. We are considering purchasing our second income property. My wife likes the idea of paying cash for a property in the mid-west...
Hello everyone,I'm wondering what is the recommended strategy to get started in real estate investing. There's wholesaling, fix n' flip, foreclosures, house hacking, multi-family.... the list goes on. I'm wanting to p...
I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...
Hi All!My name is Zack Schlund. I'm looking to get into the buy and hold part of REI in Rockford, Illinois. My experience is minimal. Just been trying to soak up as much information as possible. Heard about BP whil...
Hello, I’ve got 4 buy and hold duplexes and 1 SFH that is a fix and flip which is done and currently on the market. One of the duplexes is being renovated now and I’m looking for more.I have a couple of deals I’m look...
Hello:Question:I wanted to ask for help and advice around money allocation. Should I put less in my 401k so that I have more money in my savings that I can use for a down payment on a rental property? Would like to he...
I have a Goal if Retiring in 8 years. I’m currently 20 years old and in college. I don’t want anyone asking why I want to retire, it’s my personal business. I’m just asking someone to review my layout and tell me/give...
Hi Everyone - my fiance and I are buying out primary later this year (new build) and I am debating on how much to put down as much down payment. I was planning on 20-25%, but could go as much as 40%.Outside of the low...
Hello,
I currently have five SFH that I rent out full time in Minnesota. I recently purchased a lake cabin (6 Bed) that I intend to VRBO. None of the assets are in an LLC, so I am directly responsible for taxes.
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I have a studio condo that I am planning to sell in the next few years. The building just went through a 1MM remodel and my unit has a special assessment of $7700. I have the option of paying it off in one shot or doi...