Peter C.
Hold or Sell Condo (almost paid off)
I don't consider myself an experienced landlord/real estate investor by any means, so I don't know the correct terminologies and I don't know if I'm thinking about the right factors. That's why I'm hoping this commun...
Account Closed
Dropping out of school
Hey guys I’m 26 and I’ve thought about dropping out of community college, I’m set to start my upper division courses at university next year. I’m just not happy doing school. I have a W2 job already in the psychology ...
Brian Washburn
First Investment: Pursue or Pass?
I am a new investor in the Omaha, NE area with my eye on a 3BR 2BA in midtown. Numbers all look good, but being my first purchase I want to have an inspection done to make sure I'm not buying a money pit (home was bui...
Steve S.
Looking into a commercial loan. How is balloon payment handled?
I can work with the higher interest rate and try to find deals that fit the added expense, but if you do a CL on a 20 year amor with a 10 year balloon, how do most people handle this?1) do they simply save up the case...
Brandon Rixstine
203k loan questions/ suggestions.
Hello everyone, pretty recent member here at BP with lots of questions about the 203k loan from the FHA. I was wondering how long the process it is to get started with the loan approval and everything. Im looking into...
Hector Garza
Seeking Advice on Building Long-Term Financial Wealth: Paying Off Debt vs. Investing
Hello everyone,
I've recently made the decision to prioritize building long-term financial wealth for my family. However, I currently find myself in about $100,000 of debt, which includes school loans, car loans, and...
Ralph Noyes
Househack Property Criteria in Saint Louis
Hi everyone,Are there any local (STL) investors who're familiar with the Tower Grove South/East, Shaw, Fox Park, Mckinley Heights, Benton Park/Benton Park West neighborhoods who might be able to offer some advice on p...
Steven Jones
Is it risky to own a debt-free rental property?
I enjoy thinking of the many benefits of owning rental properties that are free and clear of debt. However, I recently began considering some of the potential disadvantages of debt-free rental properties, especially f...
Kevin Carraway
Create legal entity for apartment complex?
Hey guys! I’m interested in multifamilies to smaller apartment complexes here in Springfield MO. I’m wondering if you have set up a LLC or Inc for apartment complexes or maybe leave them in your personal name? I’m not...
Sean Johnson
Anyone know of a lender that does interest only refi?
I just found out about interest only refinance and I think that is the loan that's going to work best for me. Only problem is that I'm having a tough time finding a lender that still provides one.Does anyone have any ...