Chris Barry
Finance a house flip with 100% HELOC
Hi there,
I would like to know if is advisable to buy a home to fix and flip and close on it with 100% of the payment coming from my HELOC. My home is free and clear and I have a $250,000 HELOC. I would like to buy,...
Jack B.
Anyone reduce their risk rather than buying more?
Buying more real estate may increase your wealth faster, but at additional risk. Once you have money, even if just over a million, could it be better to reduce your risk rather than adding more risk by going into more...
Account Closed
Risk vs Taxes
This is a question for real estate investors that use at least some of their own money and believe taxes will go up in the future. Please don’t let this turn into a political debate.
Are you more, less or just as li...
Pablo Pozo
Would you own rental properties free and clear (No mortgage)
Hello biggerpocket members,Me and my wife are still relatively inexperienced in the world of Real Estate investing. I considered my self a conservative guy and my strategy is to buy and hold. I have one rental (renta...
Rodney Hunter
Would you put it all on the line?
Hello BP, I have four rental properties and two of them are paid off and the other two I have a couple more years before being paid off. Im just starting investing so my resources are limited I don't have a private i...
Kevin Jorgensen
The big mortgage argument
I'm curious to hear opinions on this article. When I first read it it seemed very persuasive, but runs counter to RDPD I believe.
http://www.edelmanfinancial.com/education-center/articles/1/11-great-reasons-to-carry-...
Charlie Moore
Should you change your application criteria based on the market?
If the majority of my homes are in LOW INCOME areas and C-Class rated homes... Should I be altering my rental application criteria? - I think the credit check is scaring so many people off and I don’t want that to kee...
Jean Nye
Have money but no job desperate need advice
hello, I will try and keep this short and to the point. My husband was forced to take an early retirement at age 58. He has cancer in his spine that 6 months ago caused him to be pAralyzed from hips down. So then I q...
Rami H.
Suggestions on how to invest 50k
Hi guys,
I am new to the REI business, got my own company and interested to start with wholesaling, flipping houses in the D.C. Metro area. Wanted some suggestions and thoughts on what to do with 50k if I was to inv...
Gary Sigmon
How can you double your money from 20k to 40k
How can I double my money from 20k to 40k, in a short period of time, with real estate, without taking a ton of risk? I appreciate any tips or advice!