David Johnson
Converting Equity in SFH into Multi-Family Strategy
Hey everyone,I'm currently in the process of evaluating real estate strategies going forward and attempting to convert the substantial equity I have in two single family homes into cash flowing multi-family properties...
Andrew Taylor
I need a Houston-area finance genius to let me buy them coffee
Although my BP post count is climbing, and my knowledge is increasing, my portfolio is still at zero - and I'm afraid it will remain so until I start to get a grasp on financing techniques. I would absolutely LOVE to ...
Troy Forney
how much debt
I am getting ready to close on my 4th house within a year. I had a goal of 20 houses by age 50. I am 43 now. I have been moving forward pretty quickly acquiring good cash flow and equity. It suddenly occurred to me at...
Anthony Hornbeck
Hypothetical - $75k Equity vs $50k Student Loans
What would you do in this scenario?Investment Property with equity of approximately $75k.Student Loans of approximately $50k (Overall Effective Interest Rate 5.25%)Would you sell the property to pay off the loans, o...
Aaron Leger
Northern New England Investing
Hello all,
I live in central Massachusetts and am currently flipping my second house in a pretty well off town. It’s been a hellish project, but when it’s done I’ll have somewhere around 150-200k depending on market...
John Levonius
First mortgage is ARM. How to calculate DTI for second mortgage?
Hello Forum!I am a long time lurker, first time poster! A quick intro first. I live in California and have been renting for a while. My main interest is to buy a handful of properties, live in one and rent a couple ou...
Raul Buitrago
Main Loan Vs. Junior Loan
on an Action is it true that if i pay the main Loan I don't have to pay the Junior Loan?
Tristan Pearrow
Purchase Investment Property with No Income Docs - DSCR Benefits
Hey BP Investors and Agents, I've noticed a good number of questions I answer on here are related to trying to purchase a property, but having issues with income - So I think many of you will find this post VERY helpf...
Milan Villarreal
New Member Seeking Guidance
Hello BP folks!My wife and I have a 4bed 3bath house in the RGV with a swimming pool and 2.5% interest rate. We have about 230k of equity in the house. But we likely will be moving in a year to San Antonio or Austin. ...
Renande Emile
DESPERATELY NEED HELP
I realize that I get ripe off by one of the Guru of Real Estate after reading a book on BP education page. It's been 6 months since I've been followed their plan, the only result I got it's debt, I have 80K of debt n...