Creig Griffin
Hard money loans what is the cost upfront
Are there any upfront cost associated with hard money loans? Are cash reserves required before you can get funded for a hard money loan?
Mitch Smith
At what point am I concerned about too many mortgages?
Greetings BP members,I am looking for a little feedback.I do flips in San Diego and have had some success in wholesaling outside of California. I have found that even though the cash flow is nice, what I am really doi...
Oren K.
14 Unit Townhouses
Context
The story is that an elderly couple purchased and owned a number of multi-unit properties which they unfortunately purchased 4-5 years ago. They kept the properties going until 2012 when the husband p...
Kevin Barnett
HELOC denied for improper use of funds
I had applied for a HELOC with WF. My intent was to keep this money available for rehabbing projects (paying hard money lenders points, reserve funds for overages, etc.) Everything was going great and I was approved f...
Chris B.
Rental Market and Dollar Collapse
Hi everyone I'm curious to everyone's opinion of the United States economy/dollar and its relation and effect to the rental market if the federal reserve don't raise rates and eventually collapse the dollar.For those ...
Eric Gutierrez
Using 401k Loan to Get to 20% Equity FHA
I got bored at work today and started taking a look at my options on my FHA loan.
Short background
I have an FHA loan on a duplex that I own. I paid $165k for it in 2011. My FHA MIP is just a hair unde...
Tina Lee
If each property cash flow $500, is 20 unit enough to retire?
Cash flow about $10k per month and home expensive about $7-8k for entire family. Anyone have any experience on retire life? How do you manage your money any strategy?Thank you in advance
Christopher Cruz
IR Risk on MF CF
A few of you may have read that I'm on the prowl for my first investment inreal estate. I'm patient and have no problem waiting for the perfect property.
However...
In the later half of 2013, once Bernanke is no lon...
Colby Hanley
Good news for Maui Long term rental landlords
Aloha BP Ohana,It seems like nothing but bad news lately, so how about some good news. Maui County has passed new property tax relief for long-term rental landlords to encourage landlords to rent LTR vs STR. They ar...
Geoffrey Murphy
Pay off Debt vs. Saving Money
Hey guys,
I have a quick question for my fellow BP members. I net around 2200 a month from my job and i have about $7,500 worth of debt.
How do i go about saving money every month versus paying off debt
Help pleas...