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Question? Would it be beneficial or possible to execute the following:Have an investment property with lots of equity. Say I own this property (other than my primary) which I owe $50k on the mortgage, and this propert...
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Looking for guidance -- I bought my primary residence in California for 640,000 and my monthly mortgage is $3,750. I make about 100,000 per year, have 200,000 in reserves, and have no other outstanding debt. My goal i...
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Hi BP Community!
I have been seriously thinking about improving my parents rental property (which I live in) and adding a 1/1 in the back or 2/1 if possible. The property is 20 minutes SE of DTLA and can honestly sa...
Hello all I am considering purchasing my first real estate investment property and wanted some advice on whether it is a smart initial investment or not.
Details of the property: Property consists of a 29 unit stor...
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My wife and I are looking for a primary residence. We are both 25 with a little one due in July. Currently moving into my father and mother-in laws until we find a place to purchase. We own a duplex that cash flows...
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I bought a 4 bed 2 bath split-entry foreclosure 2 years ago as my first home (and still live there). I'm currently closing on my second single family and looking for a 3rd, so I set up the LLC, bank accounts, etc.My c...
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I just got a message from one of my tenants saying that her doorknob broke and she isn't able to lock the door. She asked that I fix it ASAP. How would you handle this? I respect the fact that a tenant needs to be abl...
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I currently own 70 acres of land free and clear near Willow Springs, Missouri. I am looking for a lender from whom I can get a personal line of credit similar to a home equity line of credit secured by this land. Howe...
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I’ve seen it a little but not sure I know what it is . Is it basically flip and hold house?