Hello fellow BP members! I have recently been looking into purchasing a property to flip, using private money to fund the purchase of the property. I plan to buy something that is in need of a moderate rehab, doing th...
Hello BP Community,I have recently removed the escrow accounts from our financed properties. That means I will be sitting on a bit more cash until I pay taxes and insurance every 6 months. That said, I could park this...
I wanted to look at this topic a little differently then previous posters. It seems that everyone pushes the 401k save for your "old" self when you hit 62 mindset. This is assuming you want to "work" until you are ...
Hi everyone! I’m very new here and have so much to learn. I have read many books and listen to audiobooks and podcasts everyday so I’m learning more everyday. I have saved up 10k and plan to keep saving but I was wond...
Hey Everybody,
I was listening to podcast #17 with Jeff Brown and he talked about how EIUL's are a really great way for young people to invest in their future. In a nut shell, with this policy, part of your premium ...
Hey guys! I just finished reading David Greene’s book Buy, Rehab, Rent, Refinance, Repeat , and it has opened my perception to a whole new world of possibilities. I’m looking further my RE education while saving up en...
I'm working with two banks right now to try and finance a four-plex. Both are 20% down and amortized on a 30 year schedule. One is a fixed 30 year mortgage at 4.625% and the other is variable at 3.25% for the first 5...
Im almost done with college and looking for my first property. I have been fortunate in the fact I have no student debt and have saved enough for a down payment. My parents have a few rentals and I have seen their suc...
Hello!I've found a rental property I'd love to buy, but the only problem is it doesn't have renters in it yet. Is it ok for me to use a loan or low-interest credit line of my own to pay the mortgage on the duplex befo...
I currently have one rental property. It’s a duplex, 2-bedroom 1 bathroom, 1 car attached garage with an unfinished basement in each unit. I first bought the property in April of 2016 for $156,000 with an FHA loan at ...