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...
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...
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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...
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My fiance has a number of EE series savings bonds. She is looking into cashing them in to invest them in something else. Possibly real estate.She has asked me for advice, but I'm not familiar with savings bonds. Can s...
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.
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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...
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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...
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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...
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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...
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I'm trying to take the approach of having my money work for me instead of the other way around. The struggle, however, is balancing what looks good on paper with what I want to do; being disciplined and careful, but n...