Many people buy rental properties for the cash flow, but today’s guest took it to another level—dropping out of college to go all-in on real estate investing. Find out how he brings in several thousand dollars of prof...
Hello, I am looking for advice on securing a private money investor for a short term financing. Target funding is $50K which will be used The used as a bridge loan to purchase my childhood home I grew up in as a kid...
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When people use the rental debt snowball approach, do they typically pay off their personal mortgage first or would you pay off the rental mortgage first? Looking for advice! 🏡
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I recently purchased a 4 unit a few months back and got stuck with one set of poor tenants that I evicted. Their rent due was in excess of the security and although I do not have any expectation of collecting, I woul...
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Hello everyone,
I'm looking for some guidance on my plan to use a Home Equity Line of Credit (HELOC) to fund a fix and flip project. Here's a summary of my financial situation:
**Income:**
- I earn an annual gr...
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Hi there, I am purchasing my first multifamily in June of this year. It is a triple decker in Central MA that is currently owned by my mother. She is no longer interested in maintaining the home and would like to sell...
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So I'm sure I'm not the only one here that is curious about this topic, but here goes nothing! I'll make it short and (relatively)sweet!Coronavirus hit the world, no one was prepared.Companies started closing down.Pay...
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Will be closing on our first home in a couple of weeks as we have purchssed from my father.He has gifted us $40,000 in equity and financed $40,000 with 0 % interest leaving us with a $100,000 morgage. The house appr...
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Hi BP,
As some of you know, I've been working on purchasing a home since August. I've been attempting to use the group NACA; however, it is becoming increasingly frustrating because they ke...
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I want to present my financial information and in the end get some advice. I don't want to make another mistake like I did on my first duplex. I make about $66,000 gross a year. Including rental income from one side o...