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Hello BP Community!I am graduating from college this Spring and am looking to get into a market (either Minneapolis, MN or Des Moines, IA area) to start acquiring multi-family properties to BRRR. I have enough capital...
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I want to take HELOC 40K line on current primary home with Market value of 620k and equity of 180k.
I also want to move out in 3 months after purchasing new property as primary and making current one as rental.
so w...
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Ran into a possible deal today. Lender (pretty sure it's a sub-prime) is forcing the sale of a place that I'm familiar with, I flipped it 4 years ago.
Listing price is $49.9, which I'm pretty sure is the face on the...
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what do you guys think of rich dads financial statement ? this one --> https://www.richdad.com/MediaL...
I was thinking of hiring a bookkeeper for $5-10 month to do all this for me and I can just send them my emai...
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I have a question with an FHA 3.5% down on a duplex. I plan to live in one side., so will be owner-occupied. Is it a requirement to have 3-6 months of reserves mortgage payments in the bank before loan will be ap...
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Last year I opened up a Roth IRA and A Roth 401K accounts. It is a delicate balance between RE, Stock Market, and Living Expenses. Especially as I prefer to buy and hold with cash purchases without the use of leveragi...
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For the BP crowd using Turbo Tax and QuickBooks, how do you keep track of real estate depreciation for investment properties? Do you enter it manually or let TT do it? Or other?Thanks BP
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Hi there,I'm looking for a way to get rid of PMI (private mortage insurance) Just to give you the details. I purchased the home for 94,000 with a FHA loan putting a 3.5 percent down payment of $4000.00. That made the ...
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Hello, I have been interested in the concept of using HELOC to pay off mortgage and other ACH PAYMENTS. I would like to check in with Maryland real estate investors to see if anyone had success with local banks in the...
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Hi all! Just digging in to this forum and learning a lot. Have recently started a renovation company with a friend, both of us successful business owners and talented in the trades. Also both enjoy freedom in our sche...