Hello BP Team! We were planning on purchasing our first rental in Feb of next year. Instead we are thinking about requesting the current owner open a HELOC on the home. They current have about ~275k in equity. We coul...
I have $50k in cash set for investing in real estate. I want to get into the world of real estate investing to use leverage to not only generate cashflow, but also have others paying my mortgage building equity, but a...
I’m thinking about house hacking for the first time with an FHA loan 3.5% down.There’s a duplex that someone is selling me off market at $220k in a very good area in Tampa, FL (West Tampa is the area). 2/1 each unit a...
Hi BP community,Just yesterday I passed my MA real estate salesperson exam! I just want to say that with effort and determination, anything is possible.Now, I am also reaching out to the BP community for tips and advi...
I just bought a 4/1 single family house last month, rehabbed and put tenants in. The tenants looked good on paper, made 3x the rent ect so they screened well. They moved in April 23rd and I receive a text this morning...
Post by Austin Fruechting motivated this post.. If you were financially free, and just wanted to splurge money on some new hobby or a toy or activity, what is the fun thing you would do? I will go first.. I am a huge...
Hey, i have heard sooo much talk about flips and formulas and contractors but not as much about where i should put my money in a flip, kitchens gotta be a big one, any tips or focal points where i should be spending m...
Hello BPers! I have a question regarding debt payoff vs. investing. I currently make a good income with my W2 position, own my home(owe about $178k on the loan), owe about 18k in student loans, and have just recently ...
I am a broke college kid and I did some homework on how to have my apartment pay for me and itself through multifamily duplex. I found a great apartment for sale close to my campus. I want to rent out the other 3 room...
I've pondered this investment for 3 or so years now, in fact one of the condos was avail in 2012 and when I called to write the check/submit my purchase contract, someone had beat me by an hour or so and lost out.Clif...