Good evening everyone.
So I own 13 free-and-clear SFH in C/D class neighborhoods net income of 30k. With 6 properties as collateral local bank offered me 100k with 6% interest. (this portfolio lending I think)
My opt...
Given this year's Roth conversion rules, and next year's higher taxes, has anyone done the math to figure out if it makes sense to do a Roth rollover rather than buy in an IRA?
For simplicity assume enough cash on...
I am 2 days from closing a cash out $250k refi on my 2 family. My bank is offering 4 5%. I am disappointed, as the recent articles I am reading about the Fed's position are referencing rates much lower. My lender is ...
Hi BP!I am curious to know if anyone has done cash-out refinance after live-in flip of their primary residence. I see many successful stories of live-in flips and selling them, but I want to know if cash-out refinance...
Im taking my real estate classes now and going over Cap rate right now and I really want to make sure I have a good grasp on how to figure Cap rates. I'm still a little confused about it. Do you use gross or net amoun...
I've been going back and forth over what to do and would appreciate any feedback. A couple months ago we purchased a SFH with cash and an unsecured credit line ($20,000). The line is interest monthly with a variable i...
Hey there, I'm about to sell my perfectly fixed up 2 bedroom townhouse (I didn't fix it up - I only put down hardwoods) and I plan to get a house I can flip - I plan to live in it while fixing it up as I'm making quit...
Hi guys! Refi question here: I bought a duplex in 2010 with 0 down at 3.625% and have had it rented since then. I want to pull some of the equity because it has almost doubled in value (estimated) but I’m not sure if ...
I often here people say as a newbie learn your market first. As a newbie what is the best ways to get familiar with your market? Who should One talk to? What should one do or look for? Or would you study specific areas?
Happy Wednesday all! I am new to BP and have recently taken a dive headfirst into learning all about REI and how I might be able to leverage some of the investing strategies to create passive income into retirement. F...