Hello! I have been struggling to understand why I can't meet my budget goals each month with a more than reasonable budget of $5000. I live in Phoenix and am married with two little girls, ages 2 and 4 months. We do n...
Thoughts on using a personal line of credit for unexpected expenses as opposed to just saving money in a an account and using that. 🤷♂️
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $140,500
Cash invested: $71,000
Purchased using a conventual loan and hire a GC to completely rehab the property. R...
Investment Info:
Large multi-family (5+ units) buy & hold investment in Gulfport.
Purchase price: $3,500,000
Cash invested: $1,550,000
Its a solid Yield play with value add. B+/A- location. New m...
Hey BP,I'm looking for funds to finish my rehab project and someone told me about Sprout Financial unsecured line credit? Are they legit? Has anyone used them? I'm skeptical because of there up front consulting fee of...
We have a property paid off with about 300,000 equity in our investment property. Single Family Home. Should we do anything with the equity in that house and borrow against it to buy another investment property? If so...
This is a great article. There has been lots of discussion in this forum on this issue and this is just an update. Emergency eviction moratoriums were some of the first policies enacted to deal with the COVID-19 pande...
Hearing people say I have a credit line to pull money out incase i need it for a deal. Speaking to a banker just left me confused as she was tap dancing around the Question when i asked her to clarify. Am i looking to...
So I’m in a bit of a dilemma, I have about 25k in credit card debt, more than half of which was used for rich dad poor dad elite education. I recently sold a home and have an extra 20k in the bank should I pay the cre...
I'm looking to purchase a few new books online for Multifamily investing(interested in more practical knowledge than theory) any recommendations?