Jason Waldo
Why W-2 Employees have the greatest chance at wealth building
For the last 10 years I have owned and operated a small distribution company. It wasn't huge and only did about $375k/year in revenue on average for the 10 year period. I guess thats not to bad for only being a single...
Brian Lee
Heloc for my rental where to get one
Hello i was hoping to get some advice . I have a rental property in California with about 60000 in equity is it possible to get a home equity line of credit on my rental property? should I use a credit union o...
Mary Fraga-Kingsbury
Abandoned house with Past due taxes, city liens, and late fees
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $43,000
This was my first deal. Bought the property for Past due taxes and liens + a $15,000 note to the seller (great...
Benjamin Briede
Advice on Growing a Portfolio
My name is Ben Briede (25) and I am a new investor. I recently just purchased a SFH in Cincinnati, OH as my primary. The plan was to update it, as the former owner had lived there for 50+ years so it was pretty out of...
Kelly A.
Small IRA -- ideas on what to do with it
Hello--I have a small self-directed IRA, $20,000.Were it yours, how would you deploy it?(I'm accredited, though at that amount, it probably doesn't matter.) Suggestions?Thanks!
Jessica Monroe
15 Year Notes vs 30 Year Notes
Hello BP Community! I'm 24 years old and looking to purchase a rental property within the next 6 months. A fellow BP member made the comment about putting loans on a 15 yr note vs 30 yr to be debt free sooner which I ...
Ows News
Impossible to Succeed
I think it is impossible to succeed in Bankruptcy Auction. The banks agent will always bid what the loan value that the bank is currently on the hook for. Has anyone been able to go to an auction and ACTUALLY made mon...
Bill Schultz
Whats working now?
Whats working right now for you? What are you investing in? Is anybody doing sub2s, lease options etc..?? What are you doing if you have cash? If you dont?
Jia Liu
Should I buy under LLC?
I bought my first property as a primary residence. Now it is a rental property under my name. I know this question had probably been asked a million times... For my next investment property, should I buy it under an ...
Hadar Orkibi
Qualifying For Multi Family +5 Loans
I have a question re Freddie Mac and Fennie Mae Loans - Multi Family. or any other Conforming loans.I just had a chat to a mortgage broker who advised me that to Qualify for these loans the buyer must have minim equit...