Justin Koopmans
Landlording for Cashflow or Appreciation? (in expensive markets)
Hey BP!Got a couple off-market deals I'm considering in Northern CA but I've got some "newbie" dilemmas going into them and it's this - these deals seem like great deals (like $50k-$100k less than what they are worth)...
Account Closed
Duplex Analysis - Cincinnati, OH: 2 property options
Hi BP! I'm a newbie looking to make my first purchase: a duplex. I'm planning to use Navy Federal Credit Union for financing with a 0% down VA Loan (my husband is Active Duty Navy) and house hack while working F/T. Th...
Christopher Mooney
HELOC - Most Important Things To Consider?
Hi all,I'm just starting to research getting a HELOC on my primary residence to use for capital for BRRRR projects. What are some things you wish you knew before using a HELOC for BRRRR? What are the most important th...
Account Closed
How To Strip The Most Equity - My Dilemma
Here is the scenario. I have a home that I’ve owned for 6 years. It’s worth about $380k and I owe about $240k. I want to strip out as much equity as possible. Today a wild idea occurred to me and I want to consult the...
Dion DePaoli
Why to invest in Notes?
I am not sure there is really a good thread here in BP which address this question. I know there are many blogs but those do not provide expanded conversations around the idea, IMO. If you are a seasoned, new or pot...
Brie Schmidt
HELOC payoff strategy
Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
Mark Kohn
Noob question: Ok to buy negative cash flow but build equity?
Hi all,
Looking to get into real estate investing and have a super basic question but I couldn't really find an answer so please bear with me!
I see lots of information around cash flow and the importance of cash fl...
Josh Calcanis
Life Insurance as Financing?
BP,I was speaking with a friend of mine who recently began working for a financial group. She mentioned that she had a few clients that had use their overfunded life insurance policy as financing for a deal. Basically...
Shal Patel
Which mortgage should I pay off first? Rental or my own
I own three homes with three different mortgages. Now I feel like I start paying off one property so I won't find myself in any future financial issues. What should I pay off first. Here is the details
1 my home - $2...
Cal C.
Ramsey or Kiyosaki doesn't matter! Getting rid of "bad" debt is important!
I strongly believe whether or not you use debt or don't use debt to buy real estate, it is important to pay off debt that is not related to your RE investments. All of that interest your paying is money that could b...