Jean H.
Need help structuring the finance on this BRRRR duplex
I have a contract on a house in Hollywood, FL for $348,000. It's currently a single family house with an unpermitted studio in the back that is rented for $700/mo. I checked with the city and it is zoned multifamily...
Daniel J.
Is this a good partnership?
I was recently introduced to a potential partner through my real estate agent. My agent introduced us because he thought we could be mutually beneficial to each other. He was working in oil and gas and lost his job ab...
Darren Campbell
Pay off loans on current properties or buy more units?
I’m debating paying off my current 4plex or saving for a 12 plex. I want to retire early and can save about 70,000 a year. Any tips to accelerate my success?
James Sea
Alternatives to holding reserve funds in savings account?
Are there alternatives out there to holding reserve funds in a savings account?
Short term bonds? GICs? Anything else?
It hurts me to see essentially nothing in interest on my reserve funds when I know there are bet...
John Seelig
Big Picture - Renting out a home with equity advice
I'm sure this is in the forums already. I'm not good at searching apparently. Apologies.We are modest W2 earners, 250k combined, I want to take my family home in San Diego worth around 700K, with 200K in equity, and r...
Kei Nakahara
Isn’t pulling equity simply kicking the can down the road?
How can you retire by building a large asset base and pulling equity? Isn’t it simply kicking the can down the road? How is that different from living off rental income?
Devin McMonigle
Newbie from Springfield, VA
Hello BP community and soon-to-be friends. I am excited to join what already seems like a warm gathering of people, sharing inestimable experience.Originally from the Philly area, I relocated for work (regional sales...
Sandra Roddy
One Commercial Loan or Two HEL
Currently, I have two small starter homes that are paid off. In order to expand my portfolio, I am looking to use their equity to purchase more properties. Going by the 70% LTV ratio, I will be able to pull out roug...
Peter Grosso
Seriously considering eliminating most of my LLCs. Any Advice?
Hello All, When I first started investing in buy and holds I wanted to be insulated from risk. Now I feel like I insulated myself from leverage. I now have 4 LLC's that I actively use. 3 I use for Real Estate and ...
Brandon Hicks
Greed. What's it costing you?
What's better, to lose $20-25k over 20-25 years or to lose $400-500k over the same timeframe?
Congratulations if you answered $20-25k, you have a better shot at becoming a multi-millionaire entrepreneur than a well-...