Nalo Coban
To pay off or to save??? that is the question
I am wondering if I should knock out my car note early or save and build on my additional savings? Although I have roughly 18months on my car loan, I would like to pay it off by the end of the year so that I can buy m...
Jose Vazquez
Ready to Start Investing in DC
Hi everyone! I've been perusing the BP site and listening to tons of podcasts for a few months now and it's finally time to get going. I live with my wife and six-year-old son in Washington, DC. I'm a systems engineer...
Duy Do
Is cash king at the moment?
I'm a single 24 years old living in Houston. I dropped out of college since I'm just a straight trash student and hustled in the last 3 years. I saved 50%-70% of every profit/income I got and lived well below my means...
Jordan Spillers
How do we get $ for House #2 when we spent savings on House #1?
Hey! We're on the verge of acquiring property #1 (YAY!) and we're using the majority of our savings since it's not an FHA or Conventional loan. However, we've got our eyes on some other properties, and we're trying to...
Angie Guifarro
Should I buy an investment property or personal residence first?
I'm based in Miami, FL and currently rent, though I've been saving up to purchase a home. Home prices are high here so I'm really leaning towards investing out of state or in a different part of Florida to create cash...
Account Closed
Advice needed- already strategizing about my second property...
I'm buying my first property (finally!) with a FHA loan, it's a BEAUTIFUL three unit house in a good neighborhood with a strong rental market, meets all my requirements (off street parking, good schools, quiet street,...
Joe Splitrock
Where do you park your money?
I am wondering if you built up $10,000 or $25,000 or $100,000 in cash to invest, but were not ready to invest, where would you park your money? Would the "location" change based on the dollar amount?- Money market (FD...
Henry Van Eijk
How to afford down payments on investment properties
Hi,I am new here and learning but my question is how do people typically come up with a down payment. If you need 20% down for an investment property, that can be a lot of money. Do people typically use equity (HELOC)...
Samuel Chua
Should I pay my mortgage every 2 weeks instead of every month?
Should I pay my mortgage every 2 weeks instead of every month? Will my slight decrease of cash flow be worth it? Thanks!
John G.
Should I "buy down the rate" by paying mortgage points?
Details... I have a quoted rate of 4.75% with paying just a hair under one point or $723. And have the option to buy down the rate to 4.25% by paying 3.121 points (an additional 2.134 points / $1,562 cash at closing)....