Rebecca Beck
Should I refinance my home to buy a rental property?
Hello Everyone, I was wondering if it was foolish to refinance my personal home to purchase a rental property? I'm seeing that it is a trend but I imagine the risk and/or inevitable lawsuit would make me lose everyth...
Karl Warner
How much percent should I split with my partner?
Hi guys,I'm brand new to this. Short story. I bought a lot and want to build a starter home on it. My brother (own a construction company) will build for me and be my partner. He will get pay of his labor at premium b...
Mike Alder
Paid a nightmare tenant to move out!
Hey BP Family,Here is a fun investing story for you! My partner and I did not do a great job screening a tenant before we let her move into the upstairs unit of a duplex we own in Cleveland Ohio. Immediately there was...
Justin Pisarcik
Suggestions on Next steps for REI
I currently live in Alexandria, VA in a 2 bd 2 bt condo. I'm looking to kick start REI but unsure on the direction I should go. I currently have ~$13k in condo equity. I am a military veteran so I know I have the VA l...
Larry Smith
Borrowing from TSP....?
Hello BP family, So, I'm currently in the military and have been able to acquire one property so far. My wife and I definitely interested in another, but want to move on it sooner than later. I'm considering borrowing...
Bryan P.
A good plan?
So I've been racking my brain trying to figure out my "plan." (Currently I don't have enough cash to have ANY plan, therefore I need a future plan!)
I'm a teacher off for almost 3 months in the summer. I've been th...
Anthony Musolino
Buy and hold multifamily home pros assistance needed
Hello, I am new to the BP forums and would like to know what all of you think about my situation. I started investing when I was in my early 20's when I purchased my first home. As I moved around the country due to my...
Mike Brown
How can I turn equity into cash flow?
With the BRRR method, it seems it's a lot easier to accumulate equity than cash flow. For ex., say I buy a $100k property, ARV is $150k, bank gives me 75%, which is $112.5k.So if I refinance, my monthly cash flow goes...
Account Closed
Investing in trust deeds???
I have an opportunity to invest in trust deeds in Orlando, Fl, which is close to home. I put 50% and the buyer puts 50 %. I take a 1st lean holder position for 60 months at 9% with montly payments. Can anyone gi...
Kyle Marsh
Is using an FHA loan for investing ethical?
Hello,Is using FHA loans or other low income/low downpayment loans as an investment strategy unethical? I spoke to a number of different lenders about my options to acquire financing as a college student, and a few ti...