Kaylinn Restrepo
Looking for personal advice- New to Real Estate Investing
Hello everyone, My name is Kaylinn Restrepo, I'm 24 years old and started to learn about real estate investing for the past year. The more I have learned the opportunities this can bring for my future, the more I've b...
Robert N.
$5,971 in closing costs/fees on $36,000 loan?
Hello all,
This is my first question posed on B.P.! My question is simple. I am set to close on a property this month (a triplex). The purchase price is $48,000 with 25% down ($12,000). So my loan will be $36,000. H...
Account Closed
How long is your SFH lease? Am I overthinking this?
Thanks to all the wonderful advice I have found by lurking around on BP for the last few months we are now under contract for our first rental property! It's a 3/1 SFH and we should be closing within the next 2 wee...
Jason Meyers
HELOC to pay off Mortgage Faster?
Hey everyone!
I have read a post about HELOC's before but couldn't really find an answer to the question. I'm curious if anyone has used a HELOC (home equity line of credit) to pay off their mortgage in larger chunks...
Ryan Billingsley
What is your WHY that motivates you to press forward?
With 2016 right around the corner, now is a good time to reflect on 2015 and what motivates you.Real estate investing offers great benefits to those who have the desire and work ethic to be an entrepreneur. To be suc...
Will F.
Insurance for flipping
What type of insurance do you all recommend for short term real estate holding and construction. Liability, etc? Also how do you generally hold title? LLC?Our plan is to flip and only hold for 4-6 months.
John P.
Single Family Homes v. Syndication
I have a number of single family homes. I have sold a few and 1031'd the money into DSTs. I don't love those for a variety of reasons. I have learned recently that one can 1031 into many syndications. This is appe...
Christine Humphrey
"Newbie" Asking for Help - Paralyzed with Fear
Hi BP,
You know how they ask at the end of each podcast "What do you believe sets apart successful real estate investors from all those who give up, fail, or never get started?" --- well, I have been in the "never g...
Julie Kern
Should I hold firm or negotiate this deal?
We put an offer in on a property yesterday and we're waiting for the seller to "run numbers" and get back to us (tomorrow morning). My plan was to hold firm at our offer price, but now I'm wondering if that's the bes...
Eric DeVito
Cash out Refinance into a Higher Interest Rate?
hello all, I currently have a 30 year fixed 3.0 rate on my primary SFH residence. Paying about 1250 a month. I have close too 200k in equity. Would it be smart to do a VA cash out refinance to a 30yr 3.8 rate and pay ...