At risk of admitting to over thinking this scenario, I'm having a difficult time determining the best approach to completing my financial model based on using a line of credit. The LOC is partially secured by a CD at ...
Hello BP Community!
I am reviewing the performance for one of my multi-family investments and noticed that the yearly taxes are going up over 50% as the assessed value has gone up (most likely due to overall market a...
I am new to real estate investing but eager to learn. I am in the process of refinancing my current 30 yr mortgage to reduce my monthly payment. We determined we will save almost 200 dollars per month but will extend ...
Hello I know that these loans have predetermined payment schedules for every month of the 30 yr note. My question is what if I make a large principle payment? Will the large principle payment allow my next regular pay...
I'm finally joining the forum, after listening to the podcast for months :-)I've flirted with the idea of investing in real estate for years now, but was never sure how to integrate it with how strongly I feel about r...
I want to present my financial information and in the end get some advice. I don't want to make another mistake like I did on my first duplex. I make about $66,000 gross a year. Including rental income from one side o...
Hello BP!I am asking this question so I can evaluate the responses and see if one strategy is more favorable than another. If you had 200K to invest in real estate, would you rather buy one property (an upper/middle c...
Hello, I have a 12 plex in Colorado Springs and First Bank is handling the loan. They recently said I breached the covenant of the mortgage by not meeting their Debt Coverage Ratio of 1.3 in 2022. Due to this, they ...
A. Should I pay off all my debt and be debt free car note small student loan credit card etc. B. Should I buy another property and keep all my debt and just make the payments ? What should I do to be smart I do want a...
I was wondering if anyone could recommend a book or some other resource for gaining some more knowledge about financial analysis or just financial knowledge in general. The calculators here seem like a really good res...