Chuck Dyas
My HOA is $7,000 in debt
First, a quick background on my situation. I own a condo in a ten unit building. There were plans for additional buildings but the developer ran out of money and the property is currently going through foreclosure. Se...
Sam Booth
So Dave Ramsey says.....
So Dave Ramsey says that when he interviewed 10,000 millioniares close to none used debt or leverage to get there. So how many of you out there have used leverage, maybe conservatively, to increase you net worth and c...
Caleb Landry
BRRRR and flip income.
Hello,
Quick question about how the IRS looks at 2 types of income in your company.
I have one BRRRR property and now doing a flip on another property.
Does the IRS look at the 2 sets of income completely separatel...
Ying Wang
How do you start investing when living in an expensive area
Hello everyone, I just started looking into properties that I could invest to achieve the 1% cash flow. I live in northern NJ which is close to the NYC. The typical 3b single family is above 500 k, but rent is around ...
Alan Ford
Please help me Evaluate this Refi Offer
Hi All - I will keep this facts only with bullet points:
Currently on a 30 year fixed at 3.5% that began June 2016 - I owe 546K and change. New Loan is at 510,400 (Confirming limit for county) - 30 year fixed rate o...
Albric Rosa
I want to buy a duplex.
I am moving to South Florida in 3 months. One of the ideas i have right now is to house hack a duplex( Looking for 250-300k range) However I do not have a enough money to put a down payment, because of moving expenses...
Mathew Campbell
Using HELOC to buy first investment property
Hi all,I'm looking for feedback on my investment strategy, and maybe some insight as to where I haven't given enough thought. My wife and I own our home (no debt) and have available equity in a HELOC. My plan is to us...
Anthony Jennings
Beginner Investor looking for tips on funding and networking
I’m a new investor looking for advice on the cost-effective way(s) to begin my real estate investment journey. I recently attained my real estate license (VA) and have already sold multiple homes. However, my ultima...
Jonathan Cole
Buying my parents house
My parents have been currently residing in their home for 25+ years. They hit a rough patch about 6 years ago and can no longer afford their mortgage. The maintenance of the home has gone to the wayside, there are qui...
Jay Maranan
Mortgage loan (underwritten) + HELOC?
Hey BP family,I am trying to come up with a creative way to finance a second SFH I am in the works of purchasing and could use a little input.I’m currently in the process of purchasing a 3/2 SFH in the Bay Area with a...