Alright, so I've done some research into Whole Life Insurance and I think it has some awesome benefits. In my research though it seems to be pretty equal between the people who strongly advise against it and for it. O...

Okay first the good news. PenFed is really amazing when it comes to HELOCs for a Rental Property. 80% LTV. Very fast response. I applied Friday and heard Monday I was approved, "when do you want the appraisal?". Appra...

Hi BP! This is an opinion question. What would be a better use of my tax return? To pay off all my credit card debt or to stick it in my savings account? What do you think?

Hello, I have the ability to utilize several credit cards that offer 0% interest for up to 21 months to purchase a SFU to rehab and flip.  Good idea?...versus borrowing against my 401k, hard money or savings?

Hello BiggerPockets members. Love his community. Have anyone of you hired Tardus for wealth coaching? They are the creators of the Income Snowball (i.e. Income Snowball, a system of investing in which a person can cre...

I'm working on an off-market deal and the seller has owned the property for a few months and is worried about their capital gains liability.  In reading the verbiage on the IRS' helpful forum I found this:If the amoun...

Interested in trying to understand this -- wondering if anyone can help:Someone that I don't know personally is flipping houses.  I like to use the towns assessors website to compare what they purchased the property f...

I purchased a 2br 1b home and have a renter in place to move in Sept. Please help me break down where the income from the property should be put? Here are the numbers.

Purchase Price
$22,000

Loan amount (purchased...

What do you guys know about utilizing the stress test when running the numbers on properties, and is it really something that needs to be done? I spoke to a lender in O'Fallon, IL that thinks there will soon be anothe...

Hi,

I currently have 5 properties in one city (out of state) and am looking at investing in 2-3 other states. I am curious what other out-of-state investors have done in terms of setting up bank accounts to r...