Michael M.
What do you do with your cash-flow?
I'm wondering what the consensus is.
Among the two options, which do you prefer to do and why? If you remove the coin from the entity entirely, then I suppose this question isn't for you.
Option A: Receive cash-flow...
Dwayne Moore
Cash-Out or Refi Inherited Home I'm Now Renting
Hello Community,This my first time posting and I need a bit of advice. I inherited a Townhome located in Chicago, Il and I decided to rent it out, which I currently have a tenant. It's mortgage free and I am trying to...
Andrew Bissada
Being able to afford on your own vs with tenants? - Multifamily
I've heard that you should never buy a property that you cannot afford to pay the entire mortgage(from your W2 job income) if you were the only person living there.
But obviously that must go out the door once you ...
Duy Xuan Do
House Hacking Plan in 3 years
Hello everyone in BiggerPockets,
I have been listening to many episodes of the BiggerPockets on how to invest my money in the Real Estate world in the past 3 months. I have a plan and I'm not sure if I'm going to the...
Natalie Davidson
Buying with everything you have a good idea?`
I am planning to buy a house with just about every dime I have saved. I may rely on the 5k in credit cards I have as a safety net. I know it seems risky but the homes at my maximum budget will likely produce the highe...
Chris Purcell
Investors who were buying through the ‘08 Crisis
There seems to be a post every week regarding the next financial crisis.Instead of worry when or how it’s going to come...Who was investing through the 2008 crisis and buying heavily? Some things I’m curious about:-...
Kevin Dreher
How legit is HELOC? And would you recommend it?
I'm currently reading up on HELOC and it's got my attention. Can someone share there experiences or some advice using HELOC to flip houses. Some mistakes you may had made. Or some tips would be nice
Moriah Giles
Prepare your paperwork for new home purchase
Hello friends. Upon preparing your paperwork for the bank for proof of funds... what if you do not have statements for investing and retirement accounts? Does this mean you should open a investment or retirement accou...
Brandon Tedford
Pay off HELOC with cash out refinance?
$48,000 HELOC taken out of rental property #1. Bought rental property #2 with HELOC, spent $26k of own money for remodel, property is cash flowing ($1100 rent-$142 HELOC interest only pmt-$60 insurance=$898. Estimated...
Stephen Fryer
Hello from Canada eh.
Hi everyone. My name is Stephen and I am a neophyte REI from Ottawa, Canada.
I first started looking to invest in my own back yard, but found that the market was too hot, making it difficult to generate positive cash...