Destiny Rich
Are we nearing a recession? What do you think?
The U.S. gross domestic product contracted in the first quarter by 1.5%. The stock market has been tumbling. Demand for warehouse space has surged as retailers look to avoid supply-chain disruptions. The retail Inflat...
Kurt Traynor
10years remaining on rental, should I refi to a 30 and cash flow?
I did the HARP loan back during the crash and turned my 30 year note to a 15 with plans on living in the house until paid. Situation changed and purchased a new home and decided to rent out my home in question. Dil...
Austin Weber
Evaluating Quadplex deal
Looking for some more experienced advice/perspective on a quadplex I want to make an offer on. I’m new to this and looking to make this my first deal. This property is on the MLS currently listed at $540k. It fell out...
Luisa Morejon
What to do with the proceeds of the sale of my home?
Hi everyone,My husband and I will be downsizing from our primary home into a townhome that we own as an investment property currently. Since we will be selling our primary property which we have lived in for 15 years ...
Karen M.
How do YOU view debt???
Hello all you smart BP people!I have a question for today: How do YOU view debt? Here are some sub-questions that you can pick and choose from to add to the conversation:--> What are your personal "rules" abou...
Tim Vecchioni
Is this a good decision? (Refinancing 1st home that's rented out)
Hey BP. Back for another analysis question! We own a townhouse that we lived in for a year. We were robbed by our neighbors, which sucks because it was/is a nicer neighborhood, but they are all drugged up and decided ...
Jian G.
Who’s hoarding cash and waiting for the next crash to be here?
Anyone preparing for the next crash and strategize on how to maximize return on the next cycle? It’s getting harder and harder to find good deals it seems. A lot of sellers are priced at that “perfect” asking price. F...
Angela Vargas
"What Happens 10 yrs from now is not your problem"
I was recently on a phone conversation with a fix and flip investor who was giving me advise on rehab costs. I explained that a particular house I was thinking of walking away from was not a good deal because it was t...
Cheyenne Davis
Buying "Subject to" and Seller Wants a Written Guarantee...
Hi all - I'm new here, but have watced and read for a while without jumping in. I'm buying a house sub2 and the seller is asking me for a written guarantee that we will pay his payments. In the past, I've never had to...
Jeremy K.
Is this a bad idea?...
I'm thinking about taking out a $25,000 P2P loan (Lending Club, Upststart, Prosper, etc) at 6.9% interest rate for 36 months, and then investing in a note fund with a pref return of 10% for 36 months. I've put it in ...