Hey BP!,Since graduating I found myself anxious to get into real estate asap! I keep reading all these success stores and I feel I am ready but the only thing holding me back is thinking should I get out of debt first...
I have a rental property I purchased cash using my credit cards. I purchased it for 18k rehabbed it and now it appraised about 35k. The interest rates went up and I really don't want to sell for 35k I'll break even on...
I moved to Cleveland about 10 months ago. Previously, I lived in the UK for 9 years. So in the USA, I have very little credit history and very little employment history - but what I do have for both of these is good.I...
Has anyone done business with or have experience with Teshaw Robinson of Sonder Felicity?
Hi BP! I'm putting together a proposal to raise funds for a downpayment. I'm hoping to raise $100k and then use it as a 20% dp for a small multi-family property. My proposal is to borrow the 100K at 10% interest for a...
Listening to @Brandon Turner's webinar on BRRRR, and his first example looks like this:Buy house for $70,000Rehab: $30,000Closing costs: $2,500Total cost: $102,500Appraised after rehab for $141,000Refinance: 80% ($112...
Getting a good chunk of change back from IRS and I want to start investing by buying a property in the $80-$90k range ready to rent out but the wife thinks we should eliminate our debt first. Is it a good idea to get ...
On this other BP topic we discussed various ways an individual invest in real estate PASSIVELY, with minimal risk, and get 5-15% ROI. A post by Dionte G. came up (see the bottom of this post) that I think needed to be...
Robert Kiyosaki recently had a podcast with Ken McElroy and talked about how the RE market seems to be topping off. They talked about different asset classes to invest in (RE, the stock market, commodities, and busine...
So, I'm on to my next property (buy and hold). I'm wanting to put as little cash as possible up front for the next one. I'm buying in the 10-25k price range. I have two credit cards. Current balance of $0 on both...