After much research I recently purchased my first home as a primary residence.FYI (Purchase Price - $132,500 Renovations - $ 34,000Appraised at $190,000 before renovationsI think I did a decent deal for my first time ...
Paying off a house completely is a trap. You should avoid it if you want to amplify your wealth.Here’s what to do instead:Successful investors own nothing outright. They sit back and wait as their properties go up in ...
I am 25 and my wife is 27. We take home about $4,500 a month. We have a mortgage on our home that we bought just 2 years ago (no equity) and have about $80,000 in student loan debt at about 5%. I am looking for advise...
Thoughts on investing in real estate without owning a property first?
We have recently purchased a rehab property. We have decided to hold it and rent it out until the market improves. My question is we have some consumer debt we need to pay off. Would it make more financial sense to...
Hi All,I've been reading up lately on real estate investing and think it fits my life goals for being financially independent. I've been talking to some people locally but was hoping to reach out to the BiggerPockets...
So I posted a while back about a house I was looking at and didn't get any responses. I have since then went and inspected the house with the contractor and I have details. The house is listed for 65k, but I woul...
I have been trying to get started on investing for about 6 months now. I have read my books and done my studies. But I am at a road block financially. Quick history, I am a dentist but currently not working. I have 4 ...
Good afternoon Bigger Pockets team! I have a family friend that had the fortune of inheriting quite a bit of money as of late. Through a series of events, she is now privy to roughly $500k. She knows that I invest in ...
Good Afternoon,My wife and I made some good money on the appreciation of our existing home and we want to buy and invest in a new home. Here is my current situation:Mortgage Amount: $370,000Home Value - $650,000HELOC...