If you guys had 300k to invest, would you put 80-100k down on 3 properties each making 500-800 after the mtg and expenses OR on one solid 250-280k property with no mortgage and make +/-2000 after expenses? Does mortga...
Hello All, If you click on my profile you will see I use the Stock Market to raise funds for my REI. I want to share some insight on trading your way to success. I cut my teeth on FOREX trading and moved to Stock Inve...
Hi allI have been consuming lots of information about creative financing watching BP podcasts and Pace Morby especially. I feel like I have a decent grasp of the front side of the concept. Finding property, speaking...
Aloha BP!If an owner was willing to seller-finance more than 30% of the property's value, would a lender be willing to loan me the remainder of the deal? For example:Property worth : $320kSeller-finance : $120kLoan : ...
Dear all,I am readding NOLO's article referenced at the end about how new Tax Law changes 179 expensing.Do I read it correctly that I can write off a car cost (new or used) 100% using 179 expensing?My scenario:- Me an...
Hello all!I’m new here and looking to break into real estate.I’m currently living in Long Island with my home and I’m thinking about moving to Jersey where it’s cheaper but I don’t think I want to sell my house in Lon...
Hi everyone,
This is my first post here, and I'm looking for some outside input. To start, I do not own a property... yet. I just graduated from college in June with a degree in mechanical engineering, but I've found...
Hello,
Looking for some input from the BP Community.
My wife has $15k remaining of outstanding student loans. Our payments are $300/ month and the interest rate is at 3% fixed (2% after tax deduction). ...
I rarely ever see anyone talk about amortization. So I'm trying to figure out how I should be thinking about this. In the first years of a loan you pick away at the principal very slowly. Is it worthwhile to use c...
Hello BP Members,I was recently reading a thread by @Russell Brazil where the subject was, is BP setting unrealistic expectations. The subject generated many different perspectives aimed primarily at the newbie invest...