I have a rental property with a 4.75% interest rate. My plan is to pay it off over the next 3 or 4 years and enjoy the increased cash flow. I am 60 and retired.However, I have heard it is unwise to have a fully paid...
Hello Everyone,with the skyrocket high interest rate ,shall I borrow home equity line of credit or the convential mortgage to buy the investment property. The loan amount I need is really small about 250K which I have...
Hello BP,I am debating what I should do to maximize my real estate investments and need some help. Here is the situation:My girlfriend and I currently own 2 single family rentals in Vancouver WA. The 1st house cash fl...
We have 2 single family rental homes in California which have no mortgages. Cash flow is relatively high since only property taxes and insurance are outgoing payments (and necessary maintenance/repairs).The propertie...
So I've been aware of Joshua and Bigger Pockets since about forever. (Since before he moved to Denver, in fact.) I've even had a free profile on Bigger Pockets for most of those years. There is so much good informati...
Greetings fellow BP membersI jumped into the deep end and have just accepted a counteroffer on my FIRST fix/flip in colorado (teller county). the house was in the throws of a major renovation when the owner died; bei...
Hi Team,
I have two properties under contract ( single family homes). Should I buy them under my business name LLC or just under my name? these will be my very first rental properties. I will use hard money lend...
Hi all,We bought our home in Phoenix last August (at what seemed to be a good rate). Of course, now the rates are better and we would save a bunch by refinancing, but we are in the Jumbo range (loan around 900k, value...
I'm on the tail end of a flip right now that should net me about $25k from a $100k investment. I work a full time job and am doing all the work on my off days and in between 12 hour shifts. This wasn't my original pla...
Hi bigger pockets community! I’ve gone through some of the previous posts on investing in STRs in Mexico but still feel unsure whether this is a good option for me. For background I own two properties in the SF Bay Ar...