Susan Steele
Home buying in 8 months - need to buy out auto lease
Will an unsecured lease buyout cause any issues on my credit (other than the hard pull), as we are preparing for a home purchase within the year? I have 95K in cash and do not really wish to pay cash for the auto. Bou...
Sean Starkey
Home equity line of credit
What is everyone's opinion on taking a home equity line of credit to help buy an investment property?
Mack Drake
Business Credit Card: Should I Open One?
Hi everybody,I am looking to get started in real estate investing and am wondering when (or if) I should set up a business credit card that I can use for all of my various rehab or miscellaneous purchases related to a...
Duane Hundley
Paying Off A Property On A Credit Card
I purchased a property back in Aug using a credit card with 0% interest for 12 months with 4% trans fee. A little about the property: it was a total amount $25,400, Rent: $500Expenses: $40 per monthPaying: $460 per mo...
Anthony Yannuzzi
Getting my ducks in a row before first deal
I'm a 23 year old recent college graduate that wants to dive in the world of real estate investing. I'm been focusing on real estate education by reading books, podcasts, and BP for some time now. Two months ago, I go...
Gaurav Bhasin
Best Property Management Tools
Hello Everyone, so I have one fourplex and looking to close on another one in a month. Started my purchasing process in March after listening to podcasts and audible books from Dec to Feb. One of the things that @Davi...
Nathan Frost
Inspection Tips to get seller credits
Hey all, inspection is this Thursday. Any tips to get the seller to come down on price or fix things to get the best value? Just trying to see if there are any strategies after the inspection that help an investor g...
J. Martin
HUD-1, Taxes, and Capitalization: How to account for a new purchase at Tax Time
Each year, after I purchase a property, I have to re-look up how to treat the various items from the HUD-1 (closing statement) when preparing my Schedule E. I am NOT an accountant, but I did find this article by one E...
Joe Mack
Commercial or small multi family?
So I’ve come to the conclusion that I’m going to go the house hacking route after I’m done with highschool and acquire them with FHA loans, then keep trading up properties every two years with a tax benefit. However I...
Esther L.
BRRR Strategy
Hi guys,Is it possible to do a BRRR strategy with a 670 FICO score? I am working on my first project (scary!), got the seller to finance the deal for 6 months, with a plan of using my savings and credit cards to do th...