Leo Day
Philadelphia (Manayunk) House Hack... I Need Help
Hello Everyone,
This is my first time ever posting on BP. I am a frequent podcast listener and read all of it's material. I am a single 24 years old male ( currently living at home with family to save money) looking...
Steve Maye
Want another rental- Would appreciate advice
I have a single rental property and have had no issues. I am looking to purchase my second, but would appreciate some advice.For my first property I asked for advice from a property manager who recommended purchasing...
Kiley N.
Where is your personal 80/20 focused in your business?
@BP Community: The sheer diversity of successful RE strategies has always intrigued me as it opens up success to so many different types of people. It is so interesting to see how people structure their businesses a...
Mohammed Milord
How does everyone feel about using gap funding as a buy and hold investor?
I am thinking about using gap funding for the down payment on my first rental property as a buy-and-hold investor. I don't have any money saved up but don't want that to hold me back from getting started in real estat...
Lawrence Moore
Mortgage vs Owning outright
Just out of curiosity, how many of all your properties do you have a mortgage on and how many do you fully own? Mainly talking to buy & hold people, but flipping would also be welcomed, and really any type of REI ...
David Bittorf
Is it smart to draw early from Roth IRA to invest in real estate?
I currently have about $115k in my Roth IRA. $60,000 is contributions. If I understand this correctly, I think I could pull out $60,000 for a 10% penalty ($6000). If I pull out the whole thing I think I would get hit ...
Aleko Petkov
Why are lenders willing to accept a downpayment with borrowed money?
I am familiar with the strategy of refinancing one property with cash out and using the cash to pad the downpayment on another property, but I don't understand why this works. If 50% of your 20% downpayment is borrowe...
Justin Gordon
Market with All inclusive rent
The market I which I live is very high on all inclusive rent. Does anyone have ideas on how to navigate through this unfavorable market condition?
Marc Appel
Owning one rental outright vs two rentals with a mortgage.
I bought my first home last year at the young age of 32. I am hoping to fix it up and rent it out by the end of this year. I am very new to understanding property investments. So happy to have found Bigger Pockets and...
Kenneth Joseph Perfido
Should I Pay Off My VA Loan Quickly or Keep Leveraging Debt?
Context:I’m seeking advice from those experienced in real estate investing and financial freedom strategies.I recently bought a multi-family property in Newport, RI, using my VA loan for $695K. I’m no longer house hac...