Christian G Leone
Payoff student loans or house hack?
Looking for a little advice here.. I have about $65k in student loans and about $25k saved in the bank. I have a great steady job making $70k and I'm bouncing back and forth between using my savings to pay off my debt...
Eugene Rabinovich
Pay Down Debt OR Invest in Real Estate?
Hi everyone,I plan on investing in real estate I am conflicted...Currently I owe $31,000 in student loans, I can't remember my interest rate but it's under 6%. I also owe $10,400 on my car and I have a $700 left on my...
Jevonte Blackwell
Strategy To Investing before the Olympics
I visit Cali multiple times a year in the fall and winter. I’m seeking help on creating a strategy to purchase property near the Los Angeles/Inglewood area up to 2 hours outside these cities. The goal is to buy a prop...
Karissa Sampson
Need to lock my rate ASAP-Buy points or no?
I understand the fact that my money is worth more now than in the future and will be rehabbing the property (BRRRR). I plan to cash-out-refi the property in 12 months after the rehab. Would like to get my my money bac...
Daniel E.
Borrower Fighting Foreclosure: Part 2 - Mediation Request
Borrower has now requested mediation. What should I expect with this?We have long been proponents of renegotiating the mortgage. But the delinquent property taxes are too high.Borrower's take-home pay is ~ $1,500 - $2...
Jim Adrian
covid related late rent or partial payment
What policy or procedure are you using if your tenant won't be able to make rent due to being affected by covid in this second wave? This winter will be bad.I have a tenant that informed me today Dec rent will be sh...
Josh Nabors
Help Evaluate 4-plex Deal- First Deal!
First time home buyer and long time lurker of these forums. Over the last few months I have been active in the local real estate market evaluating deals and trying to find my first purchase. I think I finally found a ...
Frank Oudheusden
Student Loan Risk Vs. Real Estate Investing
All,
I have created a pretty solid REI business plan and have taken down my first deal. A SFH for 50k rented at $1300/mo in Rochester, NY. 15.1% Cap Rate, 23.6% CoC Return. A great deal by most standards. Now I'm ...
E.S. Burrell
Buying your own health insurance
Hi all.... I own six properties and my goal is to purchase 2 more by the end of the year. I also work FT. I need the health insurance benefits my job offers. How do you all manage health insurance? Do you buy your ow...
Nicole Parnell
Capital gain tax on selling real estate in 1 year
What is the % of taxes I may be subject to pay on a property I lived in for 366 days then sell at a profit? I'm getting mixed responses on this. A real estate agent told me 25% of the gain. A lady on biggerpockets for...