I'm in negotiations to purchase a duplex as an investment. Would it be better to finance the property for 15 yrs at 2.75% or for 30 yrs at 4.25%? The loan will be around 75K. I wouldn't normally consider the 15 yr, bu...
Hi everyone!! I've been listening to podcasts non stop, flipping through forums, and scouring the mls day after day. I want to begin my investing journey by purchasing a small multifamily in Northern NJ and house-ha...
When it comes to tax and financial planning I am dumb as a stump!
I always find out about tax consequences too late.
By way of an example, a few years ago I had a substantial amount of fully vested c...
Hi all, just wanted to get some advice before make a decision. I have a rental property in Park Forest, Illinois & everything has gone up in cost & the taxes are ridiculous, as with many South Suburbs of Chica...
Here's my situation:My 2/1 house is worth $340k (I live there and it's my only property), and has a conventional loan. I still owe $150k on it, so I have $190k in equity. I've lived here for 5 years.I also have $70k...
Hey BP community, I've gotten extremely lucky over the past year or two in the crypto space and am looking to diversify my portfolio into more "real" assets. Purchasing real estate (likely for rentals) is the market t...
Hi, community!
I'm down to my 4th single-family deal, I am an out-of-state long-term investor and I'm still learning a lot. My last one is not turning out great. I take all this as a learning lesson on how to not do ...
I'm a young guy (25), and I'm about to sell an asset of mine that through a particular area of expertise I have (and a whole lot of luck) will net me around $60k after taxes. I live in California, and given the horre...
I have built significant equity in both of my single family investment properties and would like to tap the equity from both to put a down payment on a multifamily. I was planning to take advantage of the low rates an...
I purchased my first investment home a little over 2 years ago for 37k that I have put substantial work into (all new electric, all new HVAC, plumbing etc). In all I'm into the home for 65k. It is a 5bed 2ba home.Orig...