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Results (3464)
David Zinn #askbp 15-yr vs 30-yr mortgage
5 July 2015 | 59 replies

@Brandon TurnerHey Brandon!What's better: a 15-yr mortgage or a 30-yr mortgage?I can still cash flow just fine with a 15, so I decided to take it (PITI with the 15-yr is $550/month, while it is $350/month for the 30-y...

Amir M. What were you before you started in investing?
22 December 2017 | 76 replies

I am really curious as to what kind of background most people were before they started working.  For example, Were you in a high paying job? or did you owned a business? or were you just a college student like me who ...

Yoochul C. How and what is Infinite Banking used for Real Estate.
18 February 2023 | 21 replies

Some of you might have heard of the term Infinite Banking before.  There are the naysayers like Suzy Orman or Dave Ramsey but it is a viable strategy for real estate investing.  The strategy is simple, using a whole l...

Arianne L. 28 y/o Female – 50k debt to 10k/mo+ passive income, 100 deals/yr
16 September 2019 | 74 replies

Last year, I shared my story here on BP . Please read for more background info. @Chris Lemire and I are here to give you guys an update!
Our progression:
June 2015 - 50k in debt. joined Biggerpockets. Started learni...

Brian Beck Rent or sell current primary residence in SF Bay Area
13 May 2016 | 47 replies

Hello,I hope what I'm about to write is clear. Step 1)Our 3-5 year plan move from California to Tennessee and in the meantime move back in with my mother and rent out our home (comparables rent for $3,000 and our new ...

Daniel Lehman Pay off car loan or buy first rental?
9 June 2016 | 68 replies

So I have a car loan with about 4 years left. The interest rate is at 24%. I have been building my credit up and I'm around 700 now but when I tried for a refi i was denied. Should I pay off my car loan first before I...

Melanie Kent Everyone has a beginning story to real estate - what is yours????
13 March 2019 | 35 replies

In real estate the hardest part appears to be the beginning. The first deal, the first sale, buy, flip, hold, mistake, approval, and so forth.... As a beginner, I am learning that even though this game doesn't require...

Don Spafford Has anyone ever used the Velocity Banking Strategy?
13 January 2024 | 356 replies

I searched for Velocity Banking but did not get anything to return except for some lenders using that name. I just was introduced to this strategy this week and was curious if anyone has done it and what their experie...

Tom Goans Lose Your Competitive Edge With Debt
29 June 2013 | 64 replies

Lose Your Competitive Edge With Debt

The more debt you have, the larger the loan on the property, the less competitive you are.

Is your goal to have as little money tied up in an investment property as possible? He ...

AP Horvath What would you do in my shoes?
9 March 2020 | 122 replies

If you had a few hundred thousand in cash, ready to invest in RE -- what would your RE investment strategy be?Spread it around? land, multifamily, SFR, commercial or simply concentrate on one specific type of RE inves...