Jack Stallion
Cash flow or capital building?
Greetings everybody! This is my first post and am hoping for some advice. I am wanting to begin the process of building a rental portfolio and need to make a decision. Do I save, save, save to build enough capital...
Jay Dotson
160k in equity + cash flowing rental
Hi there! I’m moving out of our primary residence in ATX that has about 160k in equity after realtor fees if I sold today. I decided to lease out our space to a long term tenant and will now have $700/mo cash flow fro...
Jim Thorton
What would you do in my situation?
Hi-Over the course of the last couple of years I have pieced together the beginnings of a financial education. The birth of my daughter made me realize that I don't want her to begin her "working" life with student lo...
Rj J.
Dave Ramsey Philosophy + Buy & Hold Strategy = ........Reality???
Hey BP'ers,I'm a huge fan of Dave Ramsey and his philosophy of being debt free yet I also have goals of owning rental property and cashflowing $10,000/month from rentals.I would love to create a strategy of buying ren...
Christina Banks
$5,000 saved, what do I do?
I am a beginner and only have $5k in savings. What are the options I have available? I would prefer to start with a townhome and rent out the other room while I live there as well. Trying to move out of my parents house.
Michael King
Is it worth paying for points?
I'm finalizing the loan for a 4plex. The loan is 30 years for $240K and the quoted rate is 5.125%. I can buy it down to 5% for $1013, or 4.875% for $1644.
If I buy it down to 5% I save $25 in interest per month. It w...
Justin O'Malley
Deal analysis gut check
Hey BP!I’ve finally saved up enough to have a shot at getting in the door in the Denver real estate market. I found a place in the SW corner near Ken Caryl.I know this property won’t cash flow on day 1 but it should s...
Mark Millich
Cash or Bank Financing (loan)?
I'm going back and forth on either using a conventional bank loan or saving enough capital to eventually buy a property in cash (and hopefully utilizing the BRRRR Method). I understand there are benefits to both. What...
Scott Deetlefs
LTR vs STR as first investment
Good day BP community.My wife and I are looking to invest in North Carolina. We are in the process of becoming permanent residents (still a 1 to 3 year process for us), which kind of limits us with regards to loan and...
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.
...