Ray Johnson
Real Estate history set to repeat itself
First off, I’m a true believer in the saying “If you have a dream in life, you should seek and follow the path to obtain it!” In late 2006 we saw the real estate bubble come into play and wreak havoc on the housing in...
Hai Le
Do "the rules" REI even apply in California
Newbie here practicing analyzing some properties in socal, particularly Inland Empire). I'm trying to implement the percent rules (2%, 70%, and 50%) but not even coming close with the property values. What percentages...
Jay G.
"PRIVATE" waterfront community made DIY parking lot into my land
That's the scenario...
I'm in process of purchasing a piece of land that borders an exclusive private community of 100+ over-water homes.
Their deeds entitle them to 10feet of walkway in some areas, and 20feet of...
Katie Jewell
Financing questions for rental property
I’ve been listening to the podcast and watching some of the YouTube videos on BP. I have a couple of financing questions that I’ve wondered this week based on what I’ve seen.
@davidgreene mentioned on this week’s pod...
Ryan K.
HELOC ? Credit Cards? FICO 2nd Rental Property - NEED ADVICE
I'm looking to buy my 2nd rental property, but have some financial questions.1. I own my own home and can take about $13,500 for a HELOC to use as a down payment. Q - If I do this, and then try to get a bank mortgage ...
Andri Grullon
If I have two loans does it mean 2x the interest?
Hello everyone, I have two HELOC one at 4.5 interest and the other at 5.5 interest.My question is am I paying a total of 10 percent on both loan or an average of 5 percent on my loans. The cheaper line of credit is o...
Kurt Traynor
HELoC advise, is this good?
I was just approved for $235k on my primary home and I have no personal debt. Terms are 9.5% fixed 10 year, Interst only with 20 year ARM. Fess about $8k. Is this worth it? I want to have the funds available to ...
Jennifer Rysdam
Do you have a business cell phone or use your own?
I'm debating this one. I hate the thought of having 2 cell phones, but I'd like to keep them separate I think. Thoughts???
Lauren Sherer
Delaying Financing Question
My partner and I are planning to buy our first SFH in Memphis, TN this fall in cash utilizing the BRRRR method. We’re currently looking into financing options with the goal of getting our cash back before the 6 month ...
Charles Whitaker
Leveraged Line Of Credit
I have been looking into a business Line of Credit and have a few questions:- I notice that some people can obtain a huge Line of Credit based on a very small piece of collateral (let's say a $500k LOC on a $100k coll...