Hi all,I will be meeting with my father in law next week with hopes to begin a REI partnership. At this point, all of my research has been poured into the BRRRR strategy as the most effective means to begin building m...
Hey everyone,Had a couple of newbie questions and wanted to introduce myself. I started my REI journey during the middle of last year after stumbling into it from personal finance podcasts such as ChooseFI, and after ...
I’m considering pulling out an 80% HELOC on my primary residence to invest using the BRRRR strategy. Would doing so negatively affect my DTI or credit and make it harder to qualify for a conventional loan when refinan...
My spouse and I are debating investment strategies, specifically how to best utilize an amount we have available from our HELOC. He prefers to pay properties in full to avoid paying interest. At that rate it will take...
For those of you who househack using the rent-by-room strategy, do you include utilities in your rents, or split those monthly expenses among your tenants/roommates? I can see the pros (not having to pay out of pocket...
Hello BP family,I'm dabbling with direct-to-seller marketing. Using the "Sniper" method as opposed to "spray and pray"Ive been Driving for dollars, digging through public legal notices for pre-foreclosures & telli...
Hello All,I recently closed on a foreclosure in the panhandle of FL. My intent is to form an LLC and rent out 3 rooms while I live in the 4th. These rentals will be short term 2-6 weeks and I need to figure out how to...
Hey folks, I started a discussion a while back concerning a land contract deal in a neighboring suburb: Duplex 3/1 on each side, $159,000 sale price, 4% interest, just under $1250/mo mortgage, cashflowing $200/mo, 2 t...
Using mobile, the specifically mobile phone is increasing at a fast pace. From enjoying TV to searching the internet, hearing songs to also mingling with social networking sites, you just require a mobile to accomplis...
Hello all! This is my first post (sorry it’s a long one), but this is certainly not my first time visiting BP or the many great blogs of members of BP! I’ve been doing much research into the position of being a lice...