Quinton T.
Need some advice with cash flow money
The cash flow you are making from rental properties- do you pay off one of the mortgage with the cash flow money or do you save the money for the next deal.... torn between the two--- a lot of people say -- "ohh you c...
Bobby Shell
Paying down 3 single family loans. Tips...
Should be an easy Q. Currently we have 3 homes:Primary Res: 360k owed at 3.625% interest rateRental One: 196k Owned at 3.375% interest rateRental Two (closing in 30 days): 134k owned, 4.5% interest rateIf we want to p...
Geoffrey Murphy
Pay off Debt vs. Saving Money
Hey guys,
I have a quick question for my fellow BP members. I net around 2200 a month from my job and i have about $7,500 worth of debt.
How do i go about saving money every month versus paying off debt
Help pleas...
Deadrick Colbert
Where is best place to put money while you are saving for deals?
Where do you prefer to have your $ while saving for the next deal? Roth IRA? Savings account? Anything different? I'd like to hear where other investors prefer to save for deals?
Nina Granberry
What do you do with your cash flow?
Hi BP Community,This year in June I purchased my first buy and hold property - a duplex. I know that it is important to have cash reserves set aside for unexpected issues that may arise with the property. However, sho...
Dominique Mickles
Having Cash In Bank
Is it true that if I want to buy a house with cash it must be in a bank account for 2 months before I can purchase the home? (I was told saving it in my mattress won’t do me any good)
Sean Moore
Is it best to use personal savings or property equity?
Hello everyone,My husband and I are new to both BP and real estate investments. As we navigate the road to our first investment property we've come into a bit of a dilemma. We're unsure of the best way to finance our...
Leo Kotschenreuther
BRRRR with All Cash or Financing?
Dear BP-community,I just finished David Greene's book "Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties". Before I had read the book, I was convinced that I wouldn't be...
Brad Pietrzak
buying small first then upgrading question
hey guys thanks for taking the time out of your day. so I have some options here I want your opinion about me and my sweetheart are saving bucket loads, she is living with family and I live in a bad area. now once we ...
Justin Scott
What to do with my cash flow?
Hypothetical Situation I just purchased my first rental property, and it is cash flowing 200 a month.The ASKWhat should I do with the cash flow from this rental property?