Sally Fairchild
Paying off a Mortage Question
Ok I'm being told that paying off a mortgage with a low interest is not a sound business move. I accept/believe the concept but I don't understand the concept. If I have a loan at 3% and current mortgages are 5%. ...
Bienes Raices
What is the benefit of a collateral loan (i.e. "CD loan")?
These are the loans where a bank lends you (for example) $10,000, but you must establish a CD or savings account with that bank in the amount of $10,000 as collateral and you can't touch the account until the loan is ...
Duriel Taylor
Note Investing Advise
Good evening all, I hope all is well. I wanted to reach out to the note investors out there. I am not interested in buying this note right now, but I am trying to understand how to underwrite notes in a whole. I want...
William Huston
Buying vs Renting the home you live in? Please explain why
Hello All, I am trying to make sense of something that keeps being brought up on numerous investment media I have listened to or watched on youtube, but I just don't understand the reason behind it that makes it bette...
Jacob Ramsey
Need help understanding my financing options for first rental property
A partner and I would like to purchase a residential multi-family property this year. Most likely this would be a duplex or triplex. In the areas that we are looking at, the property purchase price would be under 200K...
Lashan Wanigatunga
Managing rental property under an LLC
Hi Folks,I have an accepted offer for a rental property that I plan to purchase. I've read bigger pockets discussion threads and other articles on the pros and cons of using an LLC to manage rental properties. So for ...
Aaron Venturini
BP Podcast 769 question
Hey guys,So in epoxide 769 David walks us through a BRRRR calculator of a potential property. I am having trouble completely understanding his calculations due to the HELOC payback seemingly not included. Starting a...
Karan Kanekar
Should a newbie start real estate journey with brrrr or rental?
Hello Everyone,
So great to be part of this great community.Quick intro: i am an IT engineer with strong interest in building wealth through BRRRR and rentals.Please provide your honest opinion:I want to start my jou...
Luka Jozic
Questions regarding County Sheriff Auctions
I am looking into ways to find better deals to BRRRR and have been looking into auctions. It seems like its a bit risky but also potential for great reward. I understand that I have to pay cash and can't run an inspec...
Will Costello
Solo 401k In-Plan Roth Conversion - Real Estate
Hey All, I have a home owned in a Solo401k (setup through Sense Financial), that I may plan to do an "In-Plan Roth Conversion" in the coming years. With this is mind, I want to make sure I understand the total wealth ...