What does the BP community think about 1st lien HELOCs as a way to free up equity in your primary home for investment purposes? If anyone has gone through the process, can you give any advice as to whether you recomme...
If you were able to choose from a range of investment mortgages... from those that are currently available in your local market and one that is available to you at 2%, which would you choose?
I hadn't thought this was that exciting, but recently told a hard money lender about it, and he was shocked at the deal I got, so figured I would share it. SoFi (Social Finance) gave me a $100,000 unsecured personal l...
Buy and Hold is promoted by most property investors as the Holy Grail. How can so many people with money be so wrong?Although many created their investment capital by wholesaling houses they now choose to become inves...
I recently posted some questions regarding financial strategy involving car loan debt, student loand debt, mortgage debt and cash for new acquisitions.
There is a strong contingency of folks that claim you should nev...
I just finished watching The Big Short, a movie about the real estate bubble. I enjoyed the information in the movie but I was very let down by the fact that they never acknowledged the fact that subprime mortgages w...
What is a deal to you and why? I'm sure not every one is strictly focused on the 70% ARV-repairs, 50% (multifamily), or 2% for B&H. The BP boys also mention that these are only guidelines, but what do you all focu...
I live in Orlando Fl, and currently building my team to start flipping houses. I currently have a full time job but I would eventually like to do real estate investing full time. Now I have a general contractor and po...
Sorry for such a long post, but I'm semi-obsessed with this potential deal. I've been wanting to buy one of these brand new, all-brick duplexes for some time now. I tried to further break it down. All advice and...
I thought I had heard another investor say that the two rules were basically the same thing. Maybe I misunderstood, but if not could someone explain how they are the same thing??? And also, the 2% rule seems to work...