I currently have been working as much as I can and am paying off 14,000 of credit cards. Dumb decisions but that is the situation. I am 26. Making just about 32000 a year. Would you pay off all debt before investing? ...
I just purchased my first home using my VA loan option. I plan on living in this home for a year before refinancing it and purchasing another home.
I also have a mobile home for rent (that belonged to my fiancé at t...
I am a 6 month old landlord and after house hacking a multi-unit I finally get to bring in my first tenant.It was recommended to use Zillow for tenant screening so I went with it. The report I got was missing the tota...
I recently bid on a few mountain vacation homes where I live. I've lost every bid recently to other investors who waived home and/or septic Inspections, even though they had an offer less than mine. The market I'm in ...
Made up example scenario: I just closed on an REO I intend to fix and flip and have had an inspector come through and give me his own SOW for the property. I want to hire a GC to pretty much manage the entirety of th...
Hi folks. Sorta new to investing and sorta new to BP. Does anyone have advice on financing? I am 2 conventional bank loans in and I don't mind doing it this way. The problem is the 25% down payment. Even on a $30k hou...
If I buy a home with conventional loan as a primary home. How soon can start renting it? Do I need to live there for a year first?
Hello everyone! I am brand new to BP and trying to get my REI career off the ground.I have been educating myself on REI by reading books, listening and now I am part of BP. I am just out of college in the last few yea...
I found a duplex and the cash flow looks promising. the concern that I have is that the duplex has a 2.5 detached car garage. Before moving forward in the offer process, I want to know if there is any cheap ideas to i...
For Mortgages, including Primary Residence and Rentals, Do you choose 10, 15, 20, or 30 year terms and why? We tend to go fewer years, with the mind to pay down principal faster and so far all are buy and hold, with ...