Hey guys, so I've been working as a mailman for the past year and a half but due to issues will be quitting tomorrow. If I were to get a new job in a new field does that mean I have to start from zero again? I heard t...
I am currently trying to figure out the best option to use for financing my next investment.My home's value is currently 330k and I owe 205k on my current loan.I am trying to get 20k to use toward my next purchase.My ...
Hi,I am a new real estate investor looking to purchase my first deal which will be a house hack. I have been spending some lately educating myself. I currently am not a homeowner and living rent-free. I am looking for...
-You pay off the interest from the loan monthly and then have a balloon payment with the amount the load was given.
Example: I get a 100k 18 Month loan at a 15% interest rate (115k total 100k loan 15k intrest). So I ...
My question is am I still eligible for a first time home buying program on a investment property that I will not be living in? Thanks!
Hello BP world!
My name is Chris, currently living in south Florida. I am currently looking to invest a severance package I received from a recent lay off. I will be starting a new job ASAP and need advice on the...
I recently closed on a duplex. I live in one half and rent out the other. I went through NACA because of the interests rates.
At any rate, I want to buy a second multifamily that I'd use purely as an investment Pr...
Hello BP,
I am new to investing and would like some advice on my first few deals.
Deal 1-
Buying a single family home all cash deal for 18,500. Rent on this home is 750 dollars; the area is more geared towards ...
Hi BP community - just looking for some advice or answers as this is a new road I'm going down and not sure if there are many alternatives for this situation. All my life, I've worked W2 jobs and as of two weeks ago, ...
We are looking to purchase our first investment property. My husband is hesitant to do a cash-out refinance or a HELOC in case the value of our home doesn't say high. How have you reassured first-time investors? Alter...