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...
Dareen Allie
Down Payment Struggles As A Newbie
I’m looking to invest in a property in Arizona. This will be my first property ever bought or invested in. I have no down payment. I’m not sure if a loan, credit cards or my 401k would be a better option to use as my ...
Andrew S.
max out 401k or next deal?
I'm trying to allocate $10k of savings for the end of the year. My current options are to max out my annual 401k or begin my next deal savings? I've recently purchased a property and used most of my available funds ...
Jerry Pedulla
Buying cash vs traditional financing
Hi,Purchasing a 2 family home in Ny. Trying to figure what’s the best way of paying for it. I have the cash or should I open a heloc. My thinking is paying cash to save over 25 k in closing costs. Eventually opening a...
Karen Bolyard
Pay cash or finance STR?
I am in a multiple offer situation and offered cash with proof of funds for a beach STR property. I told the agent I may decide to finance (depending what accountant advises tomorrow) and what information I learn her...
Laura H.
The Shell Game - Pay off Debts or Invest?
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...
Eric Bette
Cash Reserves for Real Estate: How much? Where?
Hi All-I'm preparing to buy my second SFH in the next 6 months or so, provided the right deal is there. I really need some help regarding the best way to posture my finances in the meantime so I'm ready to take advant...
Tia Redford
$22k newbie not wanting to borrow money
I have about $22k and I don't want to use a lender. Should I try to invest now or wait till I can save more? Where should I look for deals?- in Bexar Co. TX
Dan N.
Question about mortgage paydown strategy for my first RE investment
I am about to purchase a SFH that cash flows just a bit with 35%-40% down.Moving forward, I am deliberating between 2 strategies regarding paying down the mortgage (6.85%) and would love to hear more experienced peopl...
Michael Bultena Jr.
Real Estate Before 18?
Hey BP! I'm 16, turning 17 in a few weeks, and I was wondering what my best course(s) of action would be up until I leave the nest so to speak when I graduate in June 2022. Are there any books, blogs, podcasts tailore...