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Results (10000)
Brandy White STR near Orlando
19 December 2023 | 19 replies

I have some questions regarding a short-term rental near Orlando. It is a 4 bedroom 3 bathroom townhome (1492 sqft). It boasts fantastic amenities, notably a lazy river, yet tenants are required to pay $22 daily to ac...

Alex Corral Using the HELOC strategy to buy rentals
2 December 2018 | 54 replies

I am in the process of obtaining a HELOC on my primary, with plans to buy some rentals. I've been doing a lot of research on how to pay down the HELOC faster using it as a checking, and have some questions as things a...

Fred W Johnson Paying off mortgage early with balloon payment on end
30 May 2018 | 3 replies

Details on my mortgage - Interest bearing Principle $197,000Deferred Principle $95,440Interest rate 4.7%20 year loan with 18 years left.I wanted to pay $7,000 extra a month for the Deferred Principle  but the lender c...

Michael Evans Difference or benefit of making an extra mortgage payment
7 June 2019 | 5 replies

Hello BP,I have a question, is there any difference or benefit in making an extra mortgage payment monthly ($1,000) or just paying a large payment equivalent to 12 months ($12,000) at the end of the year? These are pa...

Joseph A Michel Extra mortgage payments.
2 August 2022 | 11 replies

My team and I refinanced on our duplex last year to take cash out for a downpayment on another property. We may want to do the same thing again in a few years depending on what interest rates look at the time.  If we ...

Danny Clair Collecting rent from inherited tenants
27 August 2020 | 10 replies

Hey BP, I recently closed on an investment property where I inherited tenants.One of the tenants tells me that he can only pay every 2nd Wednesday of the month, because that’s when the VA pays him.He’s current lease s...

Jason H Orahoske I have 16 Late mortgage payments on my credit report, what now?
28 April 2018 | 25 replies

I am in zero danger of losing the home I own, and am actively working to get ready to buy my first rental as soon as possible.  But... I have this nightmare to deal with.  I worked my butt off at a second job to drag ...

Felipe Diaz 15 year VS Buying a second house.
10 July 2015 | 6 replies

Hi Everybody,I currently have a house in Los Angeles, I owe 250K right now. My house appraises around 400K. I am not happy in this community since the school districts are really bad and i had a few brake ins.I have a...

Jimmy Lieu Does the HELOC debt acceleration method actually work?
6 November 2023 | 10 replies

Hi,
I just watched The Kwak Brother's video on the HELOC debt acceleration strategy which they claim it can pay off your mortgage in 5-7 years. Does anyone know if it actually works?
I am planning on doing around 5%...