@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...
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 ...
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...
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...
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 ...
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...
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...
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...
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 ...
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...