Brie Schmidt
HELOC payoff strategy
Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
Raeshelle C.
Best way to invest with $20-$25K?
I'm currently saving right now, but I estimate that in 3 years I will have saved $20K-$25K. I'm 27.I want to make $10K/mo and retire early. What I'm having trouble with is, if I use that $20-25K on real estate, I need...
Brian Garrett
Leasing a new car (Conventional DTI Concerns)
So I decided to sell my luxury car in order to free up more capital for real estate deals.I couldn't justify having a lot of cash tied up in an expensive vehicle anymore knowing I could be investing that money.I curre...
Will Barnard
Cash Flow vs. Appreciation
Many have argued/claimed here on BP that cash flow on residential properties is of vital importance and investors can not put food on the table with appreciation. I disagree. Once you have built a business with many r...
David S.
When is enough enough? How many homes does one need!?
Perhaps I have an inner socialist I’m not aware of, but I have to ask the community, when is enough enough as it pertains to number of units owned?How often they ask on the podcasts “where are you going from here?” An...
Jeff S.
Living off rentals
While listening to Barbara Corcoran she emphasized the need to have other income while building your real estate holdings. I wonder how many actually live off rental income alone without having put in years of buildin...
Toyin Dawodu
SKIN IN THE GAME- WHAT SKIN?
As the number of investors swell, so do the number of "so called hard money lenders" Since the recession, a lot of hard money lenders, or as I will call them, "pretend hard money lenders" ask you this question. How mu...
Daniel F. Harb
Did I Mention I HATE The Stock Market?......
Not sure if I mentioned that today. Yes, I am 100% invested in Index Funds , and yes, I am staying the course (Probably take years to recover the losses), and yes I believe in "Buy and Hold". It just stinks to see ten...
Troy Scottaline
Young professional wanting a life change
Hello! I'm excited to be posting this morning. I am a husband and father of 2 young kids (soon to be 3). I am also a doctor which brings in a nice income. What I am finding however, is that even though we make "good m...
Dion DePaoli
Wrapping a FHA Mortgage
It is almost daily that I see a new question or concern about Wraps and Sub2 here. It got me wondering just how many folks are aware of outcomes of some of those practices really are. It also begs the question, just...