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Hello BP.My personal house has been in forbearance since covid. In March of this year my mortgage company instructed me that forbearance would soon be ending and I had a few options.
Option 1. Pay off the entire mo...
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Greetings!Is it possible to save blog posts in a "favorites" or saved section? There will be a BiggerPockets blog post that hits a really important aspect of something like personal finance that I want to save. Sort o...
Hey BP'ers,I'm a huge fan of Dave Ramsey and his philosophy of being debt free yet I also have goals of owning rental property and cashflowing $10,000/month from rentals.I would love to create a strategy of buying ren...
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As I move toward acquiring my third property, I realize that I really need to start separating my finances. I plan on opening a separate account for my two rental properties. Do any of you have advice about what banks...
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Hey guys!
My name is Natalie and I am a 23 year old currently working at a fashion company in Philadelphia, Pennsylvania. I have been listening to the podcast for about a year and have become more than excited about...
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Hello, how can you go about to get a HELOC line of credit if you don't make much/don't have any credit/have no assets? I plan on using HELOC and hard money lending as a way to fund deals being that a regular bank loan...
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My plan is to buy an undervalued MUP with an FHA loan, fix it up, rent out the other units while I live in one, then refinance it and use the year I’m required to live in the property to build up my down payment on th...
WARNING! New guy question. Proceed with caution ;)All kidding aside, I've been reading about rental properties for a while. However, a lot of articles mention that the person (or couple) saves enough for a new rental ...
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I purchased the duplex which I currently live in about six months ago. The rent from my duplex covers my mortgage,taxes and insurance. However, I still make sure to budget at least 200-300 a month for repairs.
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I was hoping to poll those willing to share on your personal practices for keeping reserves as buy and hold investors. If you are willing to shed some light on your philosophy behind your practices that would be even ...