Joshua Milam
Use your own Life Insurance Policy to invest in real estate?
Has anyone borrowed from their life insurance policy or used it as collateral to invest? I've had a few people that said this is a great strategy and to make sure I have the policy setup correctly. Working on getting ...
Mark Stone
Investing question
Hey everyone,I have a question in regards to where to invest next.I currently have a triplex and am trying to decide on whether to focus on increasing its cash flow via removing my PMI or moving on to purchase anothe...
Account Closed
Access to New Funding
Hey everyone,I have access to a $25,000 loan at 2.99% interest that I do not have to begin repaying for 18 months and it must be repaid in five years once payments start. I have two friends with the same circumstance....
Shreya Modi
Is CoC different then ROI? Or is it the same?
Good Afternoon Everyone,I am very new to REI and also on BP. I am currently using the free version of the DealCheck App to analyze properties. The property analysis tool shows two different categories for the “cash on...
Jenny F.
Have great credit, not enough income. need private investors
Hi all,
I have been here and on many other sites looking for insight on finding private investors to fund my purchases and rehabs but to no avail.
i have good credit but i cannot provide enough income to make bank...
Lee Crews
What would you do in this situation?
I have a property I bought a few years ago as my personal property. Me and my family have lived there for 5 years. We are purchasing a new home and I am debating renting out the old house or selling it and buying anot...
Kevin Blanchard
BRRR to Bust? - Next Steps
I purchased a SFH for $160k, and had about 40k (cash) in rehab and holding costs bringing my total investment to $200k.My loan is 150k, which with taxes and insurance equates to $1,550/mo. The tenant pays $2,000/ mo....
Rick Martin
Positively Impacting Other’s Lives While Investing in Multifamily
It’s true. Investing isn’t all about impacting our own lives. It is also about positively impacting the lives of others as well.
Let me start by saying I can be a bit cynical. It’s part of my sense of humor; not sure...
Mike Malone
Buy (1) multi-unit for cash, or 2-3 with a mortgage?
My partner and I have 200k cash on hand to buy a multi-unit. We've bought and sold 3 single family homes and 1 two flat over the last 5 years but would like to be more aggressive with our next move. Located in the Mid...
Steve Vaughan
Pay off mortgage for a large HELOC?
We have a relatively small mortgage with a relatively high 15yr pmt. We are 9 years in.
We were considering doing cash-out refi's on 3 residential rentals to pull out about $300k to beef up our opportunity fund.
...