Tochi Ajiwe
Looking for properties in around Medical Center Area
Hey BP family,My name is Tochi and I am relatively new to BP. I have read so many books and actively listen to BP podcasts and other REI podcasts. I am currently in Dallas but looking to move back to my hometown in Ho...
Walther Mendez
Thinking about becoming a hard money lender with a cashout refi
Hey everyone,My parents are actually looking at this not me. Their primary home is already paid in full (valued at $150k). My parents and I were wondering if taking out a mortgage against their home and using that mon...
Chad Lundquist
Best way to invest my capital
Hey BP family, I have a question regarding the best way to allocate my financial resources. My wife and I have four (4) rental properties, three (3) of which are owned free & clear and we have approximately $375 -...
Mitch Holmes
Bag of cash but no W2
Hey all! I'm new to the forums (first post), although I've been lurking for a minute. I've been wanting to get some advice from people about my specific situation, but there's a lot so I'll try to keep it to the poi...
Matthew Terry
Is this a good idea?
Hello BP Mates,
I have a SF rental in Mesa, AZ currently occupied until next October and will have around $120k in equity by that time. CAP rate and R:V is not great, but appreciation is fantastic.
I was thinking of...
Jordan Blanton
Valuing Equity over Cash Flow
Hello all, Requesting some advice for my next purchase. I'm 31 years old with two properties that already cash flow very well. I'm ready to go with purchasing a third property but when analyzing properties, it seems d...
Tom Shallcross
I actually want to be more leveraged going into this??
Let me start by stating I find truths in both the Dave Ramsey camp, and the pull out as much as you can via leverage camp. I'm naturally conservative, but also have analyzed and utilized the power of responsible leve...
Peyton LaBarbera
Difference Between Loan types pt2
What is the difference between portfolio loans and DSCR loans? Or are they the exact same thing?
Account Closed
When to give up the 9-5 job?
I don't know if this is in the right place or not. My question is when were you able to give up your job and just take care of your properties full time? Is there some rule of thumb to use in determining when you shou...
Robert Carpenter
Hypothetical Subject To Deal
My seller has an FSBO house with an ARV of $530,000.He wants $520,000. He owes $290,000 with a payment of $2,400 PITI.He wants a Down Payment of $75,000 and a two year balloon.--------------------------------------...