Jared Cruz
Use savings account for auto loan early payoff?
Hi there! I have an auto loan of 3% and a remaining balance of $10k. I have around $11k in my savings account and I was thinking of using that to pay off my loan soon.Other than my car and mortgage, I am completely de...
Maria Marrero
Am I doing this wrong?
I bought my rental home about 8 years ago all cash. I have insurance n taxes expenses only. Now I'm going to buy my second investment property also all cash (I've saved up all these years but wasn't really saving for ...
Junior Nguimi
How should I start?
Here is my biggest concern. Please assist me. I am planning on getting my first property but I do not have any money in general. I save cash but I see that $100 a week will take me to around 5000 a year. Which is real...
Hugo Matthews
Three Mortgages, get a fourth mortgage or pay one down
Good Morning Everyone,
I currently have 3 mortgages and I am wondering if I should payoff one first or get a fourth one. I wish to increase my rental properties portfolio. I occupy one and two are rentals.
#1- Mortg...
Joseph Grunklee
how much $$ is enough to start?
Hello BP,So at the moment I have a small amount saved up for the first investment, which is only about $5k. what are some of my options to increase this in addition to saving from my full time job? should i try to ove...
Justin Franklin
BRRRR Cash out Refi Issues
Anyone else struggle with completing the BRRRR process due to a small loan amount? I have to BRRRRs in play right now, but I can't find a lender that will cash out refi a loan <$75k to save my life. Anyone else sha...
Nick Dillaha
Should I pay off my truck???
Hi! Trying to set my investing career off right. I always had the opportunity cost mindset and kept low interest debt to save for another rental property. Recently listened to a Dave Ramsey rant and he talks about pay...
Anthony Butcher
Financing with no money in reserve
Hi,I am trying to get my first investment property, and a couple of banks I spoke to are asking to see 6-12 months of reserves in my bank account to cover the mortgage.I am working on saving money towards a deposit, b...
Douglas Gratz
I need some opinions on this refi?
Hello friends, I hope you are all healthy in these trying times.So I have a refi and I know a lot of this is subjective , but I am wondering what you would do in my shoes.Here are the factsAll in for 102,000Appraised ...
Becky Comish
FHA Stramline Refi - Do it
Here's what we're being offered by the mortgage broker we work with. Is this worthwhile to do?
- Our current payment will go down from $1287 to $1154 - so about $134 in cash flow savings.
- no closing costs. Our brok...