Pratik P.
Private money investor for down payment?
Hey awesome people of BP!I have a question for you guys regarding private money...here's my situation. I and my partner are looking to get into buying rental properties in the sacramento area. The type of property we ...
Jack B.
Which High Yield Savings account for cash?
The cash pile (well digital that is) is adding up. Who here knows whether Barclays or Ally bank are a better way to go for high yield online savings account?Barclays is 1.85% per year and Ally is 1.8% for Ally bank. T...
Marissa Perez
Start with your own money or get a loan?
I really want to stop procrastinating and finally move forward with my career in REI. I’m currently working at a warehouse I’m 19 years old I have about 1000$ in savings still working on my credit but it should be ver...
Jason Wutzke
How Do I Accept/Use Private Money in a Flip without Paying Taxes
I am looking to family members to help finance the down payment of my first flip and possible future investments. I want to know if there are any specific steps or things I/they need to do in order to avoid paying tax...
Maximo Jacobo
Am I Losing Money by leaving it in My savings account ?
Hello, Everyone as a Newbie on Real estate and Personal Financing in General, I have been able to save a decent amount of money that is just sitting in my bank account. I am interested in investing in real estate. How...
Tatiana Turner
New to the investing in real estate desperately need advice
Good Morning all, Me and my husband decided to buy a second house as an investment property. I have been looking at the houses in our area for about 6 months now, got approved for up to 500K loan. However, is does not...
Karla Kahmeyer
# of Bank accounts for each property
Hello BP Pros. Newbie with first post here. How many types of bank accounts do you use for the actual property management/bookkeeping activities? Do you have a checking account, a separate account for Capex etc, and a...
Jessie Victorio
i need to renovate with no money. any suggestions?
I live in a home that i would like to make my first rental property, which needs a ton of work. my credit score wont allow me to finance a pack of gum, so im unable to get a heloc. and my job doesnt pay me enough to h...
Account Closed
Savings vs paying off debt
Hello all. I have ~$24k in car loans for which I had a plan to get paid off in a few months, while continuing to save money to begin investing in real estate... to date, we have accumulated close to $30k, kept in a “...
Shane Hummus
The safest investments while you're saving for a downpayment?
If you're just keeping your money in a traditional bank account then it's losing value but if you invest in the stock market theres always a chance it goes down and even if you do make money you might have to pay shor...