Ben Chapman
getting my feet wet
So I've wanted rental property for the past 12 years. I am setting myself up financially to be able to afford 2 mortgages without tenants in the near future. (My own house mortgage and a potential rental) I like the i...
Jaron Smith
BRRRR Financing HML or Save
Hello everyone, Not sure if this is the right place for this question but I’ll give it a shot. I am looking to BRRRR my way to financial freedom. However I do not have much capital saved. My simple question is should ...
Devin James
How to balance enjoying your life today and saving/investing for a better future?
How do you balance enjoying your life today and saving/investing for a better future?Naturally, I am a saver. When I was 10 or 11, I turned down a McDonalds Ice Cream from my parents because I wanted them to save that...
Account Closed
Looking for advice with saving..
I'm 31. I have a 401k and pension plan through work but this only started two years ago. I feel so behind. I wish I was taught this at a younger age. What else can I or should I be doing more to save and secure my fin...
Roy Palmer
Savings/ business credit for rehab costs + traditional FHA for mortgage or FHA 203K?
Hello all,
As my girlfriend and I look to purchase our first househack, we are curious about the pros and cons of using savings/business credit for rehab costs vs. folding costs into the mortgage with a 203K loan.
...
Joey English
Does a refi make cents?
Does a refi make cents?I got a call recently from an investor named Brad that had a conundrum. He was looking at refinancing a mortgage from a 30-year fixed ARM (adjustable rate mortgage) to a 15-year fixed mortgage.A...
Gabriel Orduna
Possible deal in the works
Hello everyone,
I need some advice. I have a situation that I want to take advantage of but I’m not sure how to go about it. My wife’s family owns a home that they would like to sell for 690,000. I don’t qualify fo...
Mike Auerbach
Here is when I wouldn't do a 1031 Exchange
I spoke with someone that couldn't find a replacement property that "fit" into their investment criteria. So I said its probably best to just pay the tax.If an investor overpay a ton, just to save on taxes, most likel...
Scott Trench
Better to Have $25K in Cash and No Debt OR.....
It seems like the folks that are actually succeeding at a high rate in real estate have lots of cash, little debt, a strong savings rate, and excellent credit. The folks that are buying while lacking in those areas su...
Hozie LaMarr Clasberry
Brand New
I have the Rags now how do I start the journey to Riches. No savings, No credit (poor score), in debt, with low paying job.Yes, this is the Rags again let's start the journey to Riches. I already see myself wealthy ...