I’ve been sticking to eliminating all debt before committing to real estate.
I currently have been working as much as I can and am paying off 14,000 of credit cards. Dumb decisions but that is the situation. I am 26. Making just about 32000 a year. Would you pay off all debt before investing? ...
Hello BP!!
This is my first post. I've become interested in real estate after talking with a friend about how to get more cash flow. I've been reading many posts and listening to podcasts daily on BP. My goal is to ...
I am putting my only rental home I have right now up for sell after doing some needed repairs to it. I was wondering, based on some of your own personal experiences, if I should 1031 this over into another property af...
Hey BP,I'm currently in the process of selling my primary residence and purchasing a new home closer into town. As of now, I'm using the proceeds from selling my home to put down 10% on the new home.Additionally, I ha...
I sold a house on land contract. I wanted to know if it is possible that a lien from a government education loan in default could be attached to this property, and does this jeopardize my equity? I should be in firs...
So a few years back I purchased a set of properties in Galveston I lovingly refer to as the cottages. They are 2 identical 2 bedroom 1 bath properties side by side and within a block of the Seawall/Gulf. These were or...
Hi,I have a small SFR (1/1) that I purchased for $14K cash. It was a total gut job (rewired everything, all new plumbing, new walls, etc). We now have roughly $55K in it (including purchase). We have only owned it ...
Hello allI have been messing with the idea of selling a triple-decker in Boston. I currently have a mortgage and HELOC. as well as 70K debt. I only make 80K a year. is there a creative way to get from under the debt ...