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Results (10000)
Vennis Hong Where do you keep your down payment savings?
21 February 2019 | 5 replies

Hi everyone,I'm a graduate student looking to start investing in rental properties after a couple years of working and saving for a down payment. My savings so far have been going into my regular savings account, but ...

Sherrie Tullsen-Chin Saving for house hack...where to park savings?
26 December 2023 | 8 replies

Hi. I'm saving for my first house hack and trying to find the ideal place to park my savings. Criteria are: liquidity, safety, tax protected, return, and able to pull cash out when it's time to purchase. I opened a Ro...

Spencer Krautkramer How To Save During First House Hack
28 August 2023 | 8 replies

I am in the works of acquiring my first investment property, which will be a duplex that I plan to house hack. It took me a year of being frugal to save for the down payment. This year, I have several life events that...

Anne Cantwell New couple to invest in buy-hold cash buy SFRs in Rochester, NY
26 April 2018 | 28 replies

Hello all!I'm writing to introduce myself. My husband and I live in California, but are looking to invest in our first property within the next year in the Rochester area (specifically a nice suburb like Pittsburg or ...

John Roeder Cash Flow allocation?
2 February 2016 | 6 replies

Hey guys and gals! I am a newbie and after tons of research I think I have narrowed down my market. I am excited to purchase my first rental and I am at the point where the only thing left to do is pull the trigger, b...

Eric H. What do you do about reserve money?
15 August 2017 | 1 reply

Do you set aside money each month into a savings account for reserves?  Is it unwise to rely on a HELOC on your primary residence for when any repairs come up so that you can plow all of the income from the rental pro...

Michael Lamb IRA to Fund My Down Payment
9 May 2023 | 2 replies

I've always done the responsible thing, of putting money into my 401(k).  After a few job moves, I have two IRAs and a 401(k).  I've never really been saving for anything, other than retirement.  With that being said,...

Cory Damon $30k Cash: Pay down mortgage or use to invest?
25 August 2015 | 33 replies

#askBPI have $30k saved and ready to use.  Is there an advantage to using this to pay down my current (primary) mortgage and then getting an equity line of credit, or should I use this strictly as investment capital? ...

Jamia Stevens What to do if you don’t have enough money saved for down payment?
16 October 2019 | 77 replies

I’m just starting out and I was trying to get a preapproval letter so that I could know what price range to start looking in. I was told that I should save up $10,000 before I even consider getting a preapproval lette...

Amir Navabpour Driving down insurance premiums
12 August 2022 | 3 replies

Curious why peoples opinions are on maintaining full coverage (with Lower cash flow) vs driving down your coverage to improve cash flow. My increasing my deductible from 1,800 per property to 5,000 per property I can ...