Rigoberto Medina
Budget to dig myself out of debt now up and running
Let me start with a little background on why I am posting this as it strikes me as a bit of a random post to just throw out there. The weekend of the 9th through the 11th I had to drive from Corpus Christi, Tx. to Cla...
Bea Leichliter
anyone live through the 08 crash with a 4plex in their portfolio?
Hi all,I am a real estate agent and a new multifamily investor. I have 1 4plex purchased last August cash flowing at about $1000/mo and a SFH rental which funded the multifamily and breaks even. We are working on ou...
Bryan Hancock
Is It Ethical To Structure Seller Financing on Wrap Transactions With the Intent to Default?
This subject has been poked around in several posts on BP and I am interested to know what others' opinions about it are. For the purpose of this thread "seller financing" is defined as follows:
1. The seller has a...
Joe Au
Good Debt vs Bad Debt
Is there a such thing as good debt?If I have to categorize debt, I would say the debt I am paying for, it's bad debt. A debt someone else is paying for, it's good debt.Which means, if I have a mortgage on my house and...
Adam Dylik
Deal Structuring With Additional Collateral Property
Hey everyone, I recognize this is my first post, however I have been a lurker and avid blog reader here on BP for a couple years now. With that being said- I recognize that I am not asking or begging for anything. Thi...
Justin Glass
Carrying the note
Hey guys I have a question. I am probably different than a lot of you in the fact that I deal in mainly land instead of houses. I do really well in this business and deal in the market of hunting and recreation lan...
Tracey Corea
Sell and 1031 exchange to a better market, or hold?
My current tenant is buying a home and vacating in 3 weeks. I’m weighing whether to sell and 1031 exchange into a different market, or stay the course and get a HELOC in place as soon as we turn it over (in preparatio...
Marc C.
Why are we doing this again (investing in single MF properties)?
Here I sit, working a Master Lease Option on a 60-unit. It's a decent deal: $50,000 to hold it for 3 years. It's mismanaged and has upside. Needs a minimum of $300,000 to get it from a C to a B. In other words, I will...
William Mitchell
Is it a bad idea pay off credit card debt with my 401k?
Hello All,
This is only my second post so I hope this is the correct forum. We have over $20k in high interest credit card debt and the payments are keeping us cash strapped every month. We are just starting to look...
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 ...