Need to make a few decisions and I still don't have my big boy pants to make them! Bought 2 houses in the city of Oak Park here in Michigan, not a high end area but definitely a nice quiet/affordable city with very...
Hey Everyone!So I'm new to investing but this question is actually about my current live in home I've occupied for about 4yrs now. My question is for someone in my situation, to overpay mortgage or save the money that...
Some of you might have heard of the term Infinite Banking before. There are the naysayers like Suzy Orman or Dave Ramsey but it is a viable strategy for real estate investing. The strategy is simple, using a whole l...
I have $500k in cash liquid. LOSING MONEY AS WE SPEAK lol I am making my real estate plan, and I want to get paid later as if I showed up and worked a job. In California where the prices are high but the appreciation ...
Hello BP family,I have a investment property finance question. I own three investment properties in downtown Washington, D.C., that I have held since 2003. Each generates positive cash flow. In 2014, I refinanced a...
Does anyone know if it's possible to get a 1st Lien HELOC on investment properties? If so, what banks/lenders will do this? Any lenders have insight into this?
Hi BP,Had an interesting convo with someone the other day debating the Solo 401k option for self employed individuals or taking the annual tax hit but keeping your cash more liquid to actually purchase rental real est...
I came across a new idea in the real estate space that’s worth discussing. It’s not about buying whole properties or even shares in a REIT, but instead purchasing rights to the income a property generates.
Here’s how...
Looking into DSCR loans for a new build that I wish to make an Airbnb.
Besides looking at what Airbnb comps are pulling in, backup would be what long terms are pulling in and average selling cost of what the home wi...
I am closing on my first flip house in the Houston area on Thursday. It's a 3/2 in a pretty nice, standard mid-range community built in the late 70's. the ARV is $175K. I work for a flooring company and can get the...