Mike Ackley
Should I sell two houses to pay off one??
So here is my question... should I do a 1031 exchange on my rental property to buy a house that I could pay off after 2 years with the equity I have in my current home??? Currently I only cash flow about $250 a month ...
Mo Sylla
Wholesale or real game
Honestly,i am sick and tired of wholesaling. I don't think it is a creative strategy at all. So called investors go sell their souls hard-to the hard money lender-who slaps them with usurious type rate and ridiculous ...
Ashton Krom
New to the real estate game!
Good evening everyone!My name is Ashton and I’m from the Orlando FL area. I’m brand new to BP and recently been extremely interested in the real estate game. I would love to get into investing but at the moment There’...
Damica H.
Need Help with Buy and Hold Deal Structure.
Hello BP communityI am a newbie to the RE world but I have done allot of research in many different areas. I often find myself on BP for hours at a time reading and researching. If i am posting in the wrong section my...
Account Closed
Partnership: Using a lien to secure your down payment equity?
I am considering providing the 25% downpayment for a deal that I will own 50-50 with a partner. Lets say that purchase cost is $100k. I will provide $25k and the bank will finance $75k. Can I record the title so that ...
Account Closed
Investing as a Family: LLC or not?
Hello everyone! I am looking to begin investing within the next couple of years with about 7 of my family members. Most of us are on board with the idea that we should create an LLC to purchase investment properties...
Logan Allec
Looking for long-term strategies for Roth IRA
You're 27 and have $50k cash in your Roth. You can't make any more contributions due to IRS limitations. What's the best way to grow this pup into a beast over the next 30 years? What would your allocation be? I w...
Joe Vastola
Better off putting 20% down or paying for PMI?
I am looking to buy a SFH and am wondering if it is smarter to just put down 20% or put less down and take on the expense of private mortgage insurance. I'm assuming the cost of PMI is based on the size of the loan an...
Terry Lao
People want free money
People I talk to about real estate investment often give me blank stares after a few minutes. You know the look, that blank stare like no one is home upstairs. The other day at work, on my way out the door, I usually ...
Jon Quijas
Californian New to Investing
Hey All, My name is Jonathan. I am born and raised in the Bay Area. My wife is a teacher and I am a Trainer/Teacher. As long as I was in grade school, I can remember being interested in real estate. My dad and mom wer...