Lewis A Martinez
Sell or hold negative cash flow
I never intended to become a landlord. Bought house new for 300K in 2006 at the height of the real estate boom. Refinanced in 2012 on a 20 year loan at 4% through HARP. House now worth 240K. I now owe about 160K o...
Eric D.
Strategies for Allocating Cash Flow
I am seeking financial advice about what to do with my cash flow which is $1k each for two multi-families -- invest it in the market or pay off the mortgages more quickly? Or something else?Basic info: within the past...
Pari Thiagasundaram
Wrap around mortgage in the state of WI
Anyone done a wrap around mortgage in WI ? I have a property that i hold free and clear, but wanted to cash out. So doing a 30 year fixed now. In the meantime, i am advertising this property for seller financing so i ...
Brian G.
forming my first entity
Ive been doing RE investing for about 3 years now and I have 4 SFR in 2 states. I plan on buying more this year. It is my goal this year to start to operate more professionally so I can continue to scale my business. ...
Halley Havlicek
What did you wish you knew before starting your first rental?
Hi! I have been researching & learning about real estate for the past year and am now starting to get serious about purchasing a property to ultimately use as a ST or LT rental. I am only 25 and still have a lot t...
Jerry N.
Cook county affordable tax credit
Hello, Any private owners on here have personal experience with renovation spend and then qualifying for IHDA tax credits? This is in Cook County, not the city, but it doesn't seem like there is an Illinois specific...
Jay Chin
First Home - Multifamily or Single Family?
Hi all, so I'm very new to real estate, and currently my situation is to either buy a multifamily and househack (300-400k) or a single family (<300k). Currently my loan officer (and friend) is saying that the marke...
Brooks Gagnon
Take Profits or Keep Holding?
Hey everyone. Looking for some opinions. I have 2 duplexes and a 4 family. Owned them for 7-12 years, all cash flowing really well, and have 3-4x equity in each. I'm trying to decide if I should sell some/all/none. My...
Jake Thompson
Pay Off Debt or BRRRR?
Hey BP community, my wife and I are trying to make a decision about how to best deploy our savings. We have about $25,000 in liquid savings, which is enough for us to buy a single family BRRRR deal in our target marke...
Jonathan Blandino
Becoming a Mortgage Broker question
I recently attended my first Flippers event and met a bunch of great people. I spoke with one person who told me to look into becoming a Mortgage Broker. I did some research and interested in a switch career wise. My ...