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What can you do if you have 2 properties pad off and worth about 250 k each . I'm not talking about selling them either. Is there a way you can borrow money off them to put a down payment on another property ? Is...
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Hi EveryoneMy name is John and I just joined BP today and have spent the day reading some very informative posts. My situation is this, and I would appreciate any suggestions. I grew up in Ca. I was self employed an...
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Greetings there
I am new to the real estate world
Unfortunately like many young folks I am saddled with a lot of student loan debt, hence my income to debt ratio is very bad
For those who have experience attaining ...
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Late in 2021 I used a HELOC as the down-payment on a duplex in Michigan. The duplex was turnkey, but has the potential to add a couple bedrooms in the future. Currently it is fully rented so will probably add rooms ...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $35,000
Cash invested: $20,000
This is my most recent BRRRR in the Detroit area. The deal was found leaving one of ...
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Hi all,I have an old 1962 house in Austin, TX that has been used as rental for the past 2.5 years. This was originally my primary residence and I am trying to get advice on how I might be able to rebuild a new propert...
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Hello Everybody, quick questionHow can a new wholesaler have investors or others invest into your projects without stressing them out because you’re just starting out and wholesaling properties is new to them?
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When I turn 18, I plan to get a 4 unit house and live with my friends, If I do a down payment of the conventional 3.5% and then split the rent 1/4 or even charge them more, what could go wrong, assuming I’ve known the...
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Good debt vs. bad debt
Debt doesn’t have to be a bad thing. Taking on some debt might allow you to achieve your goals or fulfill your dreams. Borrowing money can help you complete your education, purchase a home or f...
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Hello BP family and friends. I hope your portfolios are performing well. ;-)
I had laid some of the groundwork for me to start Investing but am looking for some advice.
I now have a 15yr interest only HELOC on my pr...