Brandon Arnett
Should I recast my mortgage loan?
Hello,I have a few rentals and need some input. I have one property that I bought last year for $475kCurrent value is $520kInterest rate 6.75%loan amount is $352,000 (I put 25% down when I bought it)Monthly P/I escrow...
Andrew Threet
How to Setup Bank Accounts
Are there any CPA's or experienced investors on here that can help me out with how to setup my bank accounts or offer advice on how you setup your systems for your real estate investments?I'm looking to close on my fi...
Zachary Himes
How to come up with down payment for conventional loan?
I am 22, fresh out of college, just landed a full-time tech job. I have a lender who will prequalify me for a mortgage of 450,000 or so (3.5% down or about $16,000). I can afford the monthly payments on the mortgage, ...
Mike McCarthy
Is Life Insurance a good idea?
I know this is like asking "are peas good" and will get a lot of "it depends" answers, but here's the basic question:If your death (and subsequent lack of cash flow) will significantly affect your family and loved one...
Julie Marquez
Goals of Real Estate - For something nice now or later
Hello BP. I'm a new real estate investor myself, thought I am the child of a successful investor as my dad has lots of rentals and has always acted as the property manager. I have one SFR that's doing great.I am about...
Andrew Espinosa
Advice on beginning my REI career
I currently own a townhome in Aurora, CO with around 70k of equity in it. My mortgage is $1300/month with a HOA that is $277/month. I am torn on what my next move should be. I have been house hacking since I purchased...
Sabrina Sargent
[Calc Review] Help me analyze this deal
My husband and I will be living in on the the 3 units temporarily. Our current rent monthly is $2,400 so paying $722 out of pocket for living there till we get more property's saves us $1,678 monthly ($20,136 annually...
Jonathan Cisneros
One rental Triplex!!
I have been blessed and acquired my first rental in Los Angeles CA. It's Triplex, cash flowing $600 a month. I have around $15,000 cash saved. Should I look for my next Real Estate Flip, Or my next rental? If so, for ...
Masud Khan
How did you buy more rentals without crushing your savings account?
Looking for advice on growing my rental portfolio without crushing my savings account in this market. I have two rentals, both cash flowing and purchased 3 years ago with 25% down and at the record-low interest rates...
Tracy Schultz
What is a good rule of thumb for how much to have saved up?
I'm ready to move beyond analysis and actually acquire my first property. If I'm setting my goal for a property that's 100k or less would the ideal amount to have saved up be 36l? I figure that would handle 25% down a...