First post so be easy- Cental Texas residentI'm about to pay off my home, (or possibly hold off- owe 45k at a 2.75% interest rate) and would like to start renting it out, and purchase a new house to live in.I'm readin...
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Hey everyone,I'm a junior in university right now and have made it a goal/objective to obtain my first property by the time I graduate. I am currently studying to get my license and signed to be a commercial broker as...
Hello All!I am in the US Army and will be PCS'ing to South Korea in February for 3 years. My wife and I caught the real estate bug and want to buy our first investment property prior to our PCS. We are looking at buyi...
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BP,http://www.claytonmorris.com/blog/2015/7/20/how-to...The link above talks about paying off a mortgage in a matter of roughly 5 years+/-. After reading it, I was still skeptical. Any mortgage professionals or anyone...
I would love to hear what goals people are setting for 2014.Personally, I am going to--hire an assistant to help with my wholesaling and tenant placement business-do a 1031 exchange with a property that a biz partner ...
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I am a long term, buy and hold multi family investor in the upstate NY market and specifically Albany,Schenectady, Troy area. I analyze dozens of deals per day using the following formula. Gross annual rents-25% (vaca...
Hi BP,I have found a solid deal on a 2 unit and wanted some advice on "creative" financing options. I can use my primary residence home equity loan for the down payment & can finance with a Commercial loan but it'...
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I'm trying to learn about buy and hold for myself, but I just stumbled into a situation with an acquaintance in West Houston / Katy that is in preforeclosure. I haven't done enough homework to know how to help the...
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Hey guys, I’ve been approve for a owner occupant loan. I will doing 80-15-5 loan and I’m actually closing in on a cash out refinance for my current multi family home. Is it best to close out my refinance first then go...
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Yo BP Nation!
I finally have a deal in escrow but I'll also need to use most of our personal emergency fund to get it closed quick with cash. My plan was for one SFR at a time but this is two SFRs next to ea...