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Hello Bigger Pockets Community!
I'm looking for some advice on the type of loan I should use for my first buy-and-hold rental. I've saved up a chunk of funds, maximized my credit score, and paid off a substantial amo...
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When you are running your numbers do you use the Calculators here on the BP; if so do you run additional numbers along side it? If not how do you run your numbers?I'm referring towards buy and hold, rentals. I'm new...
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My Wife and I are looking through all the different financing options for buying out next (second) rental property. We are looking to purchase either a SFR or a duplex/triplex. Does anyone have experience with using t...
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📈 XIRR vs IRR: What’s the difference?
XIRR and IRR are used to find the IRR of a project.
But what is the difference between them?
The XIRR and IRR functions in Excel are nearly identical besides one critical dif...
Hey everyone! This is my first post and it may be long winded to get back story so I apologize in advance. I have been reading and listening to podcasts and reading every day for the past 3 months. I have a question a...
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Good Afternoon Bigger Pockets Member,
I am looking to invest in my first rental property when I graduate at the end of December. When looking at possible financing options for the property, every book recommends FHA...
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Hi everyone,
I’m new to real estate and could really use some guidance. I currently own my home I live in (not paid off) and have one rental property that’s fully paid off thats profiting about 1k a month. I also hav...
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Starting a small business and the bank is willing to loan up to a $50,000 dollar line of credit with possibly a $50,000 dollar credit card. Interest rate on the line of credit is 1% plus prime and 5% plus prime for th...
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Hello, I'm trying to understand whether paying off my mortgage balance using a HELOC would make sense. I am feeling confused about it, because the terms of each are so different. The mortgage is a long-term, fixed r...
What’s YOUR reason for investing in real estate? For today’s guest, it was to achieve financial freedom and have a flexible schedule. By focusing on education, forming partnerships, and, most importantly, taking actio...