Newbie here.... How have you seasoned vets been holding your cash when saving for a down payment? I am about a year and a half out from my goal and feel like having cash sitting in a savings account is a horrible way ...
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Hello All!My wife and I are new to real estate investment and hopefully will be buying our first property soon. When researching deal analysis I have found a large debate on calculating expenses and saving money. Som...
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Thanks for your suggestions below.
I bought my first rental property 3 years ago for 336K. It’s now worth 470K. Mortgage including taxes and insurance is $1750 a month, and rental income is $2500. Right now I’m payi...
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On your own personal mortgage (or rentals) do you may more that what is asked? I have all my friend that pay $100 or over the dollar amount required when their mortgage. Do you do this? If so, why? If not, why?Thanks ...
Our current Citibank pays 0.12% interest on savings in the money market savings account.Time to move cash out of that bank.Where do you think is the best place to park cash and earn more %. 100K for about 1 year.
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I am looking for advice on adding my next property. I currently have two condos with the following financials:Unit 1: cash flows positive $235/mo, with about 10 years left on the loan ($23k remaining at 3.84%)Unit 2: ...
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Backstory: We purchased our primary residence 3 years ago and now have about 100k in equity thanks to the current real estate market. And with the low interest rates, we are going to refinance our house. We currently ...
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Hello,My question is how to decide which source of funds to use for which part of the investing process. If I have saved roughly $15-20K of my own money and have about $60K in a HELOC, which should I use first? Should...
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Hello,
Hi, my name is Dave. I'm lost and I do not know what I am doing. Earlier this year, I purchased my first 4-plex investment property on a 30 year mortgage. I currently have only 14% equity in this 290K property...
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What would Bigger Pockets do?I currently have some options (which are a good thing). I am trying to figure out the best one to choose, hopefully you can help give me some things to think about and choose the right on...