Cory Manoogian
Advice: Money strategy/allocation question
Hey everyone,
I've found a property, settled on price and received a quote for a loan: 3.5% 30yr. But I had some questions revolving around strategy and how to allocate money.
I can currently save $1K/month from my ...
Ryan Acain
Repay 401k Loan or Continue Saving
I'd like to hear suggestions on my current situation. Currently I have $8k 401K Loan (4.25%), and $10k in Bank savings account, no other outstanding loans or credit card debt. My goal this year is to save $20k to inve...
Jason V.
What would you do if you were me?
I currently have two rental properties. One is a SFH worth about 120,000.00 that rents for 1,230 a month and is in terrific shape. Loan is 3%. The second is a triplex that is worth 220,000 and has about 80,000 in equi...
Nick Brubaker
Financing options for unemployed/self-employed in Atlanta
Dear BP members,My wife and I are getting serious about buying our first investment property(s) (one being a personal residence) here in the Atlanta/Decatur area. We are looking for either one distressed multifamily ...
Mana Silva
First Cashflow property-What do I do with the $700/month?
27 year old from Hawaii. I recently bought my first cashflow property in Orlando, Florida. I own the property free and clear. It cashflows $700 a month. Honestly, I dont know what to do with this money that is coming ...
Tatiana Turner
New to the investing in real estate desperately need advice
Good Morning all, Me and my husband decided to buy a second house as an investment property. I have been looking at the houses in our area for about 6 months now, got approved for up to 500K loan. However, is does not...
Elana Greer
Cash Flow- what to do with it?
Would love some thoughts on the following. Our two rentals cash flow about $300 a month each. We don’t need that annual income for other investments, meaning we have other capital. So is it best to bank that money reg...
Andrew Combine
How to Analyze a House Hack Deal - North East, NJ
I’m currently renting $2,700/month and looking at purchasing a multi-family home to house hack/live in and rent the other units out in Northeast New Jersey. I’m struggling to figure out how I analyze the deal while li...
Lingo Lin
How to create a “Family Bank” without using Whole Life Insurance?
I live in New York, and have family in PA, NJ, and FL.I have a family of about 25 members who would like to pool their savings into one account, and each member would like to have the option of putting their savings i...
Matt Bouthet
Paying your own rent while househacking
Hey Everyone,
I am planning on opening a new bank account for the MF property I plan on househacking with an FHA loan. I have been analyzing the properties with the consideration of living there the first year as wel...