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So the main definition of net worth to my knowledge is, after selling all assets minus liabilities you get your net worth. I believe a lot of times when we try and do a quick net worth calculation for an investment pr...
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Are there any RE investors interested in investing outside the state of where you currently reside? If so, which states? And what is it about it that compels or stops you to invest this way?
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So I have access to a VA loan. I am preapproved for up to $350k. My plan was to purchase a single family home or duplex, live in it for a year and while living in it paying 20% equity, after a year refi to a conventio...
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Hi BP.! I am trying to narrow down the strategy I'd like to used to get started. As I look at properties around me, I am stuck between (1) entering REI with a flip to gain more investing captial and (2) acquiring a pr...
I'm confused about the tax advantages of rental properties as compared to stocks. For the following, assume I buy an SFR with 20% down, rent it out, and sell after 30 years.
I'm taxed on the "profit" (I'm not yet sur...
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I’ve been on the search to add another multi family investment to our portfolio. For the last 6 months I’ve been searching and haven’t even been able to put an agreement together. Sure we’ve had some back and forth ...
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I'm having a helluva time trying to get a few of the lenders that I have spoken to tell me how much exactly I can look to borrow for a conventional loan on a new residential multifamily purchase. All I want to know i...
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I’m currently working full time making $30/hour with frequent overtime and have saved up about $8000. I also have about $58000 in student debt at an average interest rate of 6-7%. I am eager to use an fha loan to buy ...
Has anyone used a residential conventional mortgage to purchase an owner occupied multi-family property without having prior experience as a land lord? I'm going to purchase a multi family property in Q1 2016. Keep i...
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Hello all, This is kind of a personal rant/ reflection so by no means do I expect many to read this. I'm at a crossroads in my life. I am frustrated with my job, and cannot take it anymore. It is at the point where I ...