Ana Huffer
Stated income HELOC?
We'd like to get a HELOC to be able to have money to put down with a HML in order to be able to purchase a property to fix and flip.We have about $150k in equity in our personal home. We have credit scores in the mid...
Dave Molesky
Every rental is a flip. Hard to turn down the proven cash
Hello all,My name is Dave Molesky.I've been a member on here for a few years, but I don't think I have ever made a post. I love BP and have learned and applied several good pieces of information from this site. I list...
Mel Selvidge
"Real Estate Professional" Loss Questions
My husband and I purchased a vacation rental property four hours from where we live in January. It was gutted when we got it. Working with a contractor who rented it during the renovation, we got it remodeled, furni...
Lesley Resnick
Has the FIRE gone out?
The FIRE movement was really hot, no pun intended, early this year and I have not heard much about it. Has the corona virus and social issues moved it to the back burner?
I appreciate its goal and approach, except...
Jonathan Drago
What is the best legal entity to obtain for flipping houses in FL?
Hi Everyone!I am new to the home flipping industry in Tampa Bay and am seeking feedback on which type of business entity I should pursue. I am obviously looking to maximize my coverages and protection, while minimize ...
Matthew Barbaccia
Full Time Real Estate
Hey everyone! My name is Matt and I'm a new REI in Kailua-Kona HI. I purchased my first property here in town this past May 2020, it's a 2-2 condo on a 30yr fixed mortgage. I've just finished upgrading and I have tena...
Kila Keuma
Personal Finance Personalities to listen to after Dave Ramsey
Hello,
I saw a short story of Robert Kiyosaki where he was talking about financial advising personalities. He said that if you are poor you listen to (name I didn't catch). If you are middle class you listen Dave R...
Iggy Smith
Moving down to DC, aspiring landlord!
Hi all!I'm a recent graduate student moving to the DC metro area from NYC area to DC! I'm hoping to learn more about the rental business in the DC area, and would hope to become a landlord one day myself. I will consi...
Samuel Yi
Section 8 in bad CA neighborhood (barstow) or SFH out of state?
Hello all,
I have a duplex property in Barstow, CA that I purchased for 85k few years back using my equity line of credit. If I knew BP then, I wouldn't have purchased it, because of barstow neighborhood... (I would ...
Davis DeFore
My business partner and I are looking to invest in a STR
Hello BP! My business partner and I are going back to Ohio to invest in a duplex near the hospital. My partner will be living in one side and our plan is to rent the other side out month to month via Airbnb. We would ...