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I jumped into the rental world by default after buying a house and not wanting to sell my old which I was upside down on. I decided to rent it rather than take the loss and even though I owe 30,000 over value I have p...
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Hi everyone. We currently have 2 rental homes and both are completely paid for. The rental houses have a combined equity of $725k. Also have $100k in equity in the house I live in. The 2 rental houses bring in $1900 a...
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Hi BP Community! Excited to receive your advice and guidance on this situation.
DISCLAIMER:
I'm sharing some personal details here of being in a privileged and fortunate position with generous parents. I'm aware of ...
Today: a no-excuses, American Dream story that will get you fired up to go hunt down a deal!
Thach Nguyen is an investor and agent in the Seattle, Washington area. When he was a kid, his family fled Vietnam for the...
Are mortgage points really worth it? In many cases, they can save you money on a loan. But be careful; that lower rate might not be worth the cash you put up! It’s important to run the numbers before doing a mortgage ...
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Hello, I'm new here and new to REI in general. I've been starting out by looking at MLS properties near me to get a feel for things in my area. I've found a few properties which seem good to me on paper, but I would...
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The following is a few reasons why we've used lines of credit to scale our portfolio as opposed to using the BRRRR method. The BRRRR method is a great tool, but has certain drawbacks that are accentuated in the curre...
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Hi Everyone,I need some guidance or tips or any ideas in regards to an appraisal that did not come in as expected during a cash out refi. I have done several in the past and most I have been satisfied with the outcome...
Hi everyone,I am looking to do my first flip, and have seen some houses. I think I might be overestimating the cost to repair. The way I got my repair cost was just calling up local contractors putting prices of vario...