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TSP is the Feds 401K. I have been considering taking a loan out to purchase a rental property free and clear. The problem is loan repayment term is 5 years, which pretty much kills any cash flow. The interest rate is ...
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The BP community seems to cater primarily to the "Young and the (financially) Restless" , but I'm a 55yo retired military and soon-to-be-retired federal employee (14 months), considering one final encore career for 5-...
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Hello,Does anyone have experience with using Securities Based Lending for funding deals? Specifically, I am looking at partnering with an individual who owns securities (stock and mutual funds) having them take out a ...
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I am an investor myself that owns multiunits and have had them for years. In this market if I was gonna buy, it would be SFR's b/c of the cheap prices. So my question is simply this:
**Why would an investor pay $30-5...
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Hey guys.I have been listening to the podcast for awhile now and alot of the investors who speak about the BRRR strategy find private or hard money and buy the property, reno, and refinance at the new appraised value....
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I'm considering a REI strategy centered around buy and hold, cash flow investing in condos.
I would like to hear from the community what the potential pluses and minuses are with such a strategy. I am aware ...
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I’m 21 years old and I have set aside $30k to use as a down payment for a rental property. I’m in California and am looking at Texas and the Midwest for an out of state property. I’m looking to create passive income a...
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I am sceptical about the REI program and wondering if anyone has had any experience with Phil and Shenoah Grove. I am here on day two of a weekend log seminar and it is really starting to sound like a scam.
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Hello I was listening to Robert Kiyosaki and he was talking about holding on to property for cash flow and if the property value increases he would simply go to the bank an refinance.
So does this mean if i had a pr...
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One of my good friend wants me to take over his loan or buy his property for the loan that is owed. It's a no question about it that it's a good deal.
I was wondering if there was any way I can assume the loan witho...