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Results (5240)
Jennifer Hamon Do funds in a 401k plan count as cash reserves?
23 July 2019 | 9 replies

I live in a HCOL area (Boston) and am aiming to get started on a house hack next year. My situation is perhaps a little unusual in that I have a relatively new big tech job where about 50-60% of my compensation is com...

Laine Furukawa Strategy or advice for inherited property
25 August 2019 | 2 replies

Hi BP!
I'm asking more for a friend who will be "inheriting" his grandparents property (or in this case more debt).  I say this because he cannot sell the property which also is in need of repair and he has to pay ou...

Luc Boiron I just paid an $80,000 wholesale fee...
4 December 2019 | 97 replies

Another investor in my network recently got a property under contract, and was looking to assign it. I saw it on Monday, and he gave me his "buy it now" price (ie: don't wait to see if any other investors are interest...

Randall Re II DSCR loans and what to do
2 April 2023 | 13 replies

As a real estate investor seeking a Debt Service Coverage Ratio (DSCR) loan, you should reach out to multiple commercial lenders such as banks, credit unions, and alternative lenders. It's recommended to compare the r...

David Schulwitz Better for BRRRR: HELOC or Cash?
17 February 2018 | 11 replies

Dearest BP Community - I come to you again for advice and a crazy check, so thank you ahead of time.Here's my situation/question: I own my primary residence in Fort Worth, Texas. It is worth 210k and I owe 162k, ther...

Sarah Zhao How many helocs can one set up for investment properties
14 March 2012 | 6 replies

I have been talking to banks and some say the maximum number of investment properties they can do a heloc for you is 4.
I'm planning to pay cash for my investment properties and then pull out the money using heloc.
...

Takahito Torimoto What are my best options TODAY to get and use EQUITY out of my properties?
2 August 2024 | 7 replies

I feel like I have WAY too much equity sitting and doing nothing for me across my 5 LTR properties:
* Rental A: 235k (Market: 440k)
* Rental B: 140k (Market: 210k)
* Rental C: 130k (Market: 200k)
* Rental D: 75k (...

Shirley Layer House Hacking with VA Loan
11 January 2024 | 14 replies

Hey BP community! I'm just getting started in my investing journey and I'm really liking the house-hacking concept. I currently live in the Clarksville, TN area and I'm actively looking for properties but I'd love som...

Anna Smith How to spend $80,000
1 February 2016 | 14 replies

Hello BPers!My husband and I will have $80,000 to spend on rental investments next year.  We will invest in a buy and hold, in the Memphis area.  I am curious how you would invest $80,000...1. Purchase a home with cas...

Joey Nugent Can you make moves before having 2 years work history?
16 March 2021 | 5 replies

Greetings all I am new here, I'm 23 I left college 16 months ago and began working on the books In april 2020 at my current job. Currently I make 900-1000$ bring home weekly(variable income). This is going to be the f...