Has anybody used a IBC, CFB, or BOY policy to purchase real estate and use the returns to pay back the policy at higher interest rates than the policy charges? If so, what are the pros and cons? What are your thoughts...
Hello all!
I figured my first post should be in the introduction, so here goes:
My name is Erik Pedersen I am 24 years old and I currently live in a basement in Bayonne, NJ.
Sounds bad, but this is actually my fi...
My partner and I are 25yo, have up to 80k saved up for a down payment and make a combined $150k/year (conservatively, not counting my 2nd job); no kids. Currently we live with parents.
We're looking to buy ou...
Guys, I am happy to announce that Jon Klaus and I have partnered to bid on an apartment complex in Texas that is going to be auctioned. (one more relationship created by BP.)
Since this is our first apartment comple...
I'm going through the process of assessing and making an offer on a multi-tenant building in Oakland.My main concern is that all the tenants are paying well under market rate ($800 for 1br, $700 for 1br, and $900 for ...
I am looking at an opportunity in Minneapolis (north of como) a few blocks from the University of Minnesota. Decent building and a lot of the big capital expenditures (roof, boiler, windows...) have been recently upgr...
My current situation:Stay at a friends property in an Accessory Dwelling Unit.Rent free.No primary residence SingleLow personal monthly bills.My question is, from strictly a financial perspective, would it make more s...
I'm working on a duplex and wondering what people think is a better strategy
I'm going to change the layout of each unit to make things more modern and max out the rental potential. The duplex has a great location ...