Ok so I grasp how whole life works.
But in order to use it correctly should I have a lump some ready to put in on first payment.
Example 50k policy 4% return 2k first payment required monthly after that is $35
So...
Hello!I've been on BP for a few months now. Never posted or commented just reading. But now I need some advice.Background: I have a double major in Finance and Economics so I like the numbers but I don't like crunchi...
I have found a deal that I would like to wholesale in Phoenix, AZ. I want to help out the Seller as best I can with her situation, although I am in need of some advice in how to best assist her.The owner is intereste...
This following is the 2nd full paragraph of my daily Craigslist ad. What is in italics afterwards is a response someone sent me."If a motel room is your standard of living, you are pathetic. I'd rather not rent a hou...
Hello everyone, and thanks in advance for any insight you may provide!I currently live and work in Beijing, and have a rental property portfolio in the form of 7 condo units in downtown Seattle. They are managed very...
I'm in Memphis and typically look for wholesale deals. I came across a deal too thin to wholesale but I think it would make a great Subject To (sub2) deal.The current owner owes almost $50K, the house is worth around...
Hello,I am trying to buy my first apartment complex. I currently own 11 single family rental properties. I did an interest-only cash out refinance last month and pulled out $914,000 that I want to use to buy an apartm...
Hello,
I don't want this thread to become another WLI vs REI. I have gone through the previous post and I understand why some people like WLI and why some people despise it. My question was whether it is specifically...
In my field (counseling), I've been working for almost 20 years. While the salaries have been low, up until this year when things really spiked, the retirement plans and money able to be set aside was just embarrassi...
I'm new here and analyzing the economics of buy and hold real estate here in the bay area. In most of my calculations, the best return I can achieve is about 6-9% annualized return for a 10-30 year period which is qu...