David Banker
Getting a tentative spouse on board
I made the mistake of bringing up the idea of real estate investing with strictly unbridled optimism. My wife has a bit more of a conservative and scarcity-based mindset with money in general. I do intend to share the...
Wes L.
1st Refi on BRRRR complete, now what? 'ex' Dave Ramsey anti debt
Currently renting at 30% CoC, Cap Rate 30% and a local bank offered 100% of purchase/rehab cost plus 40% more, as a line of credit for 2 years against the property. Been a Dave Ramsey 'anti debt' cult member for yea...
Beau Taylor
Mid-Sized Developer - New Software Solution
Hey forum,
I've read a lot of interesting things on here but this is the first time I've posted. I just got hired on at a mid-sized development company that are pokes around in managing some smaller properties, inve...
Andrew Brown
Taking Money Out for Personal Reasons
Hello BP Family - I have a client that is in a financial predicament. They own rental property valued at $700k that is 100% paid off. The rental income is their retirement income. I would like to know if anyone here i...
Dion McNeeley
From one deal to freedom.
It starts with one.I started out by moving into an apartment and renting out my house. I wanted to see if I could handle being a landlord, single parent with three kids and working full time. Once I decided I could ha...
Mitch Price
Familiarity with Strongbrook's GamePlan??
Is anyone familiar with the company StrongBrook and the "Game Plan" they provide for real estate investing????? Is it legitimate or skeptical?
Timothy Chi
Crossroads between paying down debt or saving for a higher down
Hoping to purchase my first property: dupex as a house hack. I have called some local lenders in WA state to get a feel of what I'd get on a mortgage. It seems that many lenders only care about my DTI ratio and not t...
Kyle Curtin
An untraditional DTI question
Hi everyone! I have a question about DTI that is a little different. To give a little insight on my situation, I am 20 years old with a pretty well paying full time HVAC Tech position, as well as working as a Real...
Rafael Abdalla
tapping in to my equity to pay off high interest loans
Hi,i own 590k on my primary residency and its worth bout 1.5mil. Mortgage is $2500 per month, and we take home after taxes 11k per month. credit score around 750 ficoI have about 250k in debt that its keeping me up at...
Jake Andronico
Is 4 homes enough??
I currently have two house-hacks that I've moved out of and are now full time rentals that cash flow roughly $800-1K per month each. When I started straight out of college, I used to think that I NEEDED 10 houses in 1...