Account Closed
Buy a home with cash...BUT HOW??
question for the pros out there....ok once we get some cash in our coffers to play with Id like to know how to properly pay all cash for a home. we all know that all-cash offers will light a fire under the seller's as...
Brian Kwan
How to Calculate Cash on Cash for HELOC?
Hello,There's a duplex that's going for $250k, with gross cash flow at $1900. Vacancy at 7% ($133), Insurance $70, Maintenance / CapX at 7% ($133), Taxes $75. I've got a HELOC that lets me borrow up to $63,000 at a Va...
Jenna Y.
First deal - deeds, corp structure timing, transfer of ownership
Hello - I just acquired an abandoned property (absentee owner), the current plan is to flip it. The longer-term plan is for my fiance and I to buy-and-hold with flips to build working capital. We have no corporate str...
Scott Hubbard
Approved Short Sales
I thought it would be very helpful to start a thread where we track approved short sales and some chosen details. That way, as investors, we can better track the progress from the lender to lemnder or servicer to ser...
Javier Guanda
HELOC on paid off rental property?
Hi! BP people,
I was unable to find an answer for the following question. I own a Townhouse (no mortgage), which is being rented. I was wondering if I can do a HELOC ? I understand that banks ...
Corey Hassan
Wholesaling Leas/Options questions
I have been doing research on this area of wholesaling listening to a few podcasts, youtube videos of Brian Gibbons and Joe McCall and this is definitely an option I want to provide to potential wholesale deals. A fe...
Jon Wimmer
To-be investor looking for starting out advice
Hey BP!My name is Jon and I have been lurking around the site for about half a year now. I got interested in investing in general after basically googling "how do people get rich" I think haha. That led me to real est...
Lucy Yen
Brand New real estate investor
I am fresh in the industry of real estate investment and here to learn how scale in real estate across the country for cash flow and to retire in real estate.
Travis Vizier
Pay off student loan or purchase real estate
Without giving a lot of personal details, here is the situation:
Student loan $100,000
Monthly payment on student loan $1,000
Monthly income available to throw at student loan $3,000
Should I:
A) completely pay off ...
Kristen Martin
Is cashing out a 401k brave or stupid?
My husband and I have separate 401k accounts through our jobs. The current balance on them combined is around $140,000. We're contemplating cashing them both out to invest in multi-unit rental properties. After tax an...