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Hello fellow REI just asking opinions of members regarding the pluses and minuses for a first rental property. I have been able to save around 25k cash in the bank with no debt to my name and minimal life expenses (li...
Hey Everyone, It's no secret that Americans owe over $1 trillion in student loan debt, spreading out over millions of borrows. I'm curious to hear how other successful real estate investors who were once faced with th...
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I have about $0 saved up for REI. It all went into the purchase of my primary residence a year ago, and now that I'm stepping up my REI game I'm regretting that. Live and learn.
My down payments with HMLs comes from...
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Hi investors, If you can pay down a mortgage, which one would you pay down aggressively first, a rental that has high appreciation and little cash flow, or the rental that has a higher cash flow but little appreciatio...
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I think most of BP would disagree with Ramsey's advice about real estate and debt, but there is one bullet here that states "Real estate should only be about 5% of your portfolio." I understand (but don't agree with) ...
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Hi fellow BP Colleagues! I am searching for a lender that will provide a HELOC in the 1st lien position on 3 rental properties I own. I am finding lots of evidence of this elusive loan product around the BP forums,...
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I'll try to be brief, lol.I'm trying to get prepped a bit before seriously looking for my first deal (wholesale or flip). Background:I cannot get any first time home buyer breaks and can't house hack. I have no high v...
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I'm wrestling with cashing out my 401k and I'm wondering if this is something I should do with mine and my wife's 401k. The purpose would be to push it into real estate. Total we have about 70k in our collective 401k....
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