Nick Brubaker
Should I get a mortgage on the rental I own outright?
Dear wise real estate investors,I am small time. Just own one rental property (outright), which is worth about $160k. I am wondering if I should take out a mortgage on it. Here are my considerations:I will be leavi...
Sven Segers
1st property bought!!!
Hi everyone,I just bought my 1st property in Springfield, MOa little bit about the house: it's a 1100sqf house 3 bed 1 bath. bought it for 25k cash. Haven't been inside yet. now the next step is rehab the place.What i...
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Just getting started
I'm 24 and just looking to venture out into the real estate market. I'm interested in getting into some rental properties in southern California where I'm currently living.
I know the market may still have another 6...
Jeff Something
Why do so many real estate people show their pictures?
I was at a coffee shop the other day with a very good friend, and she was flipping through one of the local weekly papers, and she asked why so many brokers put their pictures in their ads. I couldn't offer any good i...
Michelle Burgstaler
Refinance to pay off credit card debt - what's the best option?
I’m hoping someone can give me some sound advice. I have $24m in credit card debt, my husband has $0. I am trying to figure out the best option for eliminating the CC debt, plus having a little left over to help our s...
Marzieh Rostami
BRRRR and new construction
Hello BP nation. I wanted to hear your thoughts on building new. Originally I was looking to BRRRR in a gentrifying neighborhood. Most properties in The area I am looking at are in extremely bad shape and need to be t...
Paul Sandhu
Anyone get a side gig because of this crisis?
The refinery in my town is only letting essential personnel in. Everyone else has been let go or else told not to report to work. They contacted me and asked me to work about 8 hours a day doing drug screens on thei...
Don Konipol
What is your targeted ROI?
What is your target for ROI (annual) on your passive real estate investments? On your investments which require a more active participation? How do you calculate it? I target 12% + on my passive real estate investmen...
Emily Lien
Is this a bad deal because of mortgage rates?
List Price: 235kReno: 45kARV: $340kHOA: $100 / monthZillow Rent Estimate: $2,300I couldn't find any information on current investor mortgage rates, so I used 8.1% (my HELOC interest rate) for the calculation. My credi...
Brian A Kosinski
Refinancing a VA loan
Hello everyone,I will preface this by saying I am new to the real estate world and have little to no experience at all so if what I am asking is not possible, or stupid, feel free to say so.I am in the process of find...