Hey guys. What is the smart move? I currently owe $308k on my mortgage. I've always wanted to live mortgage free. I'm not sure if it's a smart move to use up my savings to pay it up or invest in real estate instead? W...
Hello everyone,Here's my dilemma. I own this nice 3/2 SF, it's in a very nice neighborhood. House worth about 450 and my mtg bal is at 95 so there is a nice size equity here. My tenant just left $2,300 a month and ...
One of my favorite Podcasts of all time (aside from the BiggerPockets Podcast of course!) is Pat Flynn's "Smart Passive Income" Podcast. I was wondering if there is a natural tendency for Real Estate Investors to be ...
I understand that Dave Ramsey offers "average" advice to people that don't know how to use a credit card.
But, Dave Ramsey apparently used to be a real estate investor. I did a quick google search and found that he ...
Investment Info:
Single-family residence wholesale investment.
Purchase price: $77,000
Sale price: $85,000
Contributors:
Peter Vekselman
Partner Driven teamed up with Jamari Sprueil t...
Hello! I recently got into real estate and was learning about a few things and I want to make sure I understand the concept of leverage. Recently I have been researching about whether to use cash or use leveraging whe...
Hello,
I have been trying to find a good lender for a relative who needs work done on a 3unit brownstone in Brooklyn, NY. The property is owned free and clear but it needs about $250K ($90K of which is for the facade...
I want to buy my next investment. Looking for advice on way forward. Here is the skinny: - I have one rental property (VA loan)- took out a Heloc to buy my second property - I live in the second property (VA loan also...
“You can only tell who is swimming naked after the tide goes out.” Are newer investors as smart we think we are? Or are we just riding an amazing market off a bottom? This post is to get: 1) The honest truth from inv...
How much is too much leverage? What's a smart approach to using debt in a positive way and not negative. I'm completely debt free and looking at purchasing my first rental property. Trying to figure out how much debt ...