Michael Macaluso
Lenders that only require 1 year of business income
Hey everyone,I’m looking to see if there are any lenders on here that would qualify a refinance with 1 year of business income? I started a contracting business in 2020 and wanted to refi my primary residence to buy a...
Chris Munoz
1st Property; HELOC? Roth IRA return of principle? 401k Loan?
I want to get started in real estate investment. My home is paid off and can easily get a HELOC. I also have a 401K at work I can get up to $50,000 loan. Lastly I have a large Roth IRA from a previous employer I ca...
Naji Saba
Cashflow: Pay Mortgage at Accelerated Rate or Save to Buy More?
Seeking advice! Similar topics to this question have been posted but seem to be more than 2 years old and have nuances/details not related to my situation. Purchased an investment property for $330k (Typical 20% dow...
Jack B.
Interesting numbers for buy now vs wait for crash debate
I have a hand full of rentals in the area. Rents have steadily increased. I will include my currently longest held rental (not the one I had before but sold though the rent appreciation is the same).
Bought: about 15...
Bryan Winter
Finance question? How do you come up with the amoritization
I have a home im gonna owner finance 10% down payment of $5000 and 10% interest rate for 10 years. The purchase price is $50,000. Is there a schedule to figure interest daily,monthly, etc do you amortize over 10 yrs ...
Kyle Curtin
My current thoughts on how much equity to leverage 🤔
Goooood mornin’ BP! I made this FB post below 1 year ago today, and wanted to share my current thoughts on this principle today after working with equity for the first time over the past couple weeks. I would love to ...
Emily And Eric Erickson
Hold cash or be invested in these uncertain times?
They say cash is king but does that hold out in a high inflation environment that is forcing a strong seller's market into a sharp 180 degree turn into a buyer's market?With the Fed continuing to push up interest rate...
Christopher Pound
Recasting a mortgage loan - question on strategy
Hi everyone,New investor here, relatively new poster, longtime lurker, lover of all things RE. I have a question about recasting of a mortgage loan, for any of you financing experts out there.Acquired my first 2 renta...
Derek Hanners
Hold or Sell Situation
Hi Everyone, I've had a long distance property that I've been renting out for about 6 years now (Seattle area).I'm wanting to ramp up my Real Estate investing with something more close to my current location (Ohio are...
Nathan Haws
BRRRR Calcs using HELOC as acquisition funding source
I understand that using my own equity/cash to make the purchase goes against some of the basic BRRRR principles, but I want to ensure that my numbers are accurate when using HELOC funding for the acquisition. I can st...