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Hi Everyone, I'm brand new here. My question is, I lost my job a few months ago (in a completely unrelated industry that I don't want to continue in). I really do not want to get another "job," and am super excited to...
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Hi, I’m hoping a Lender or anyone with this knowledge can chime in. My wife and I are looking to buy a (2-4) small multi family unit property here in the Portland, Or metro area. This would be an owner occupied proper...
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How does it actually look getting my down payment back from a hard money lender?
If I acquire a 100,000 property with a hard money loan, and put 20,000 down....when I do a rate and term refinance, I assume the new le...
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Long time forum lurker and podcast listener. Looking for advice on what route to take in order to finance my first property or two. I am looking for a long term hold that I intend to rent out. However, my situation i...
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I’m having a hard time coming up with a realistic budget for day to day life!
Hi all,
Looking for some advice from the BP community. My Fiancé and I have the goal to create $4,000 of NET cashflow per month in the next 5 years. Here’s our financial situation.
Income: Approx $120,000 between th...
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My wife and I want to Househack in Baltimore City Maryland. The plan is to live there a year or so with other tenants. Then rent the property. We are looking for a 4 unit. We have heard both good and bad things about ...
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For those of you with sizable rental portfolios with debt on them I was wondering how much cash you keep as an overall percentage of your long-term debt. We have been targeting 10% liquid for every dollar of long-ter...
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I'm trying to determine if I'm holding on to a limiting belief. i told myself I'd wait until we bought our next home, the "forever house," before buying investment property because we'd be less attractive loan candida...
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Greetings and thanks for reading !
I’ve got a major decision to make about a tenant who hasn’t been cooperative about paying rent during COVID-19 /much of 2020.
He currently owes 6700$ from back rent and just gave...