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Ok let’s say I have a mortgage on a house amortized for 30 years. The property earns about $300 a month in positive cash flow. I would like to reinvest this money but would like to know where it’s better off. Should I...
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Hi Fellow investors, I have been using BP to gain insights in real estate investing and have been applying them in my townhome rental units. This time i want to enter into multi-family investing and looking for some t...
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So I’m currently in the market to purchase my first rental property, and I’ve been brainstorming for good ideas and I remember Dave Ramsey saying that he buys all his properties with cash which allows him to offer way...
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Hello, BP.Me and my wife currently have 2 properties free and clear.1 Townhouse and a duplex. We live in the townhouse and currently renting the duplex. Personally, I want to refi both properties and take the cash and...
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I have a rental that is free and clear. Which I have had it for 2 years recently moved out and put a renter in. Now that I’m receiving cash flow from it would it be smart to get a equIty loan or equity lIne to buy an...
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Good evening,I am a newbie to this world (although I was around the move and flip market as kid via my parents) I am very green to the real estate investing market and after any advice to grow and learn.I’ve done my b...
I currently own a home that I had used house hacking to pay for most of the mortgage every month and save part of it for a full renovation of the kitchen and floors. I purchased my house for $189,000 a couple years ag...
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My wife and I recently got a divorce. For that last several years I have done very little real estate investing because she didnt want me to do it and wanted me to focus more of my time on our family. Well, that didnt...
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Hey there, I’m in a rut and looking for experienced advice for my next move. I purchased my first investment via house hacking Nov 2021 with a duplex in Naples, FL. Purchase price: 553k at 2.3% Mortgage balance: 523k....
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BACKGROUND: I WANT TO PURCHASE A SECOND INVESTMENT HOME, I CURRENTLY DONT LIVE IN MY HOUSE I RENT IT OUT COMPLETELY (3UNITS), IVE BUILT UP ENOUGH EQUITY AND I WOULD LIKE TO USE IT.QUESTIONS: DO I APPLY FOR A HELOC FIR...