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I hope I posted this to the right forum?!?! I purchased a duplex for $165k several years ago and owe 136k on it. I current collect $2050 in total rents. I cash flow around $800. The property is valued at around 300k. ...
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Goal: Own Commercial Real Estate - BE THE BEST AT IT - Go all in & Let Things Compound. MASTER ONE.
Challenge: Picking Asset/Strategy
I source off-market RE for SFRs (wholesaling). I'm really good at it. But I...
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Hey BP, I think I might have just had the craziest idea ever, and I need somebody to smack some sense into me and tell me it isn’t possible. But if it is possible, then it would be amazing.
So not too long ago I p...
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This is the BEFORE chart for today below. (source: https://www.mortgagenewsdaily....) ... in about 20 minutes we find out if we raise .25bp .50bp (expected) or possibly more. I wonder what this chart will look ...
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Hello, I just bought my first property in Fort Collins, Colorado with a 3% down payment conventional loan. I am wondering what kind of strategies I can use to hit that 20% LTV the fastest?I am going to rent out two of...
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Where are people finding non-recourse loans to fund a buy and hold rental property with their Solo401k? I found 2 lenders who specialize in it but rates are almost at 7% I can get 4.5% from credit union and 5.75% from...
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I often seen discussion in BP that the house price is too high, there will be next crash coming. I am curious what people would do if you have $1m available at this time? Will you hold cash to wait for downturn so you...
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This past week the FED indicated a pause in their historically paced rate tightening cycle.
The pause in rate increases should have the effect of eventually lowering mortgage rates.
I have written extensively abou...
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Hi all, I have learned a lot after lurking for nearly a year on BP forums. Thank you all for your helpful posts. My wife and I “house-hacked” (hope that’s the correct terminology?) our way into f...
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I recently saw the light on the whole payoff your mortgage with heloc method. I'm not here to fight or start a heated discussion about that matter, but it does make me think about which I should payoff first - prima...