Hello BP members! We are preparing to leave our W2 jobs in a few months to move into full time real estate investing. We have a good amount of equity in our primary residence as well as one of our rentals and we would...
I had a very nice couple apply on a unit today. They both work at the same nationally branded company and have been there 5+ years. Combined income in the $125K range. Both freshly divorced and starting over. They sub...
In Remembrance of Barney Zick
A farmer went out to sow his seed. As he was scattering the seed, some fell along the path, and the birds came and ate it up. Some fell on rocky places, where it did not have much soil....
What are some creative financing ideas based on the following.. An owner has a small residential multifamily they want to sell for 400k I want to pay 300k. They have a small mortgage balance and the reason he gave for...
Hello BP this is my first ever post and I'm ready to start my real estate investment journey. My goal is to house hack a multifamily property in the Greater New Haven area of Connecticut. I plan on doing this with a F...
I have a cash-flowing property with roughly 50% equity, and a 100k HELOC in 2nd position. Can I get a new loan that encompasses the remaining balance, equity, and the HELOC, and gives me the remainder in liquid cash? ...
Found an opportunity for a tri-plex property offering owner financing, 12% down, 0% interest at a reasonable asking price and good rents. Sounds great! Then she tells me she's got a reverse mortgage on the property....
Hey everyone, what is simply the best and most strategic way to pay off your credit card?
Let's say you currently have a balance of 1k on your credit card. Is it better to pay off the whole balance at the end of the ...
I'm looking for advice to acquire a 203k loan on my first investment property. I know I have to live in it and that is my plan, but how long do you have to live in it before you can sell? Any recommendations for 203k ...
Happy New Year! I found this great article on Foreclosures. I have a Google Search on the topic, because i believe we will see more as the economy and rates rise. However, in some Metro areas we have seen Foreclosures...