Hello BP community! I am looking for stable financial freedom in the next 5-6 years investing in multi-family properties. I am currently active duty military and I own a single family rental property in Oceanside that...
Hi everyone. I have some money in my 401K from my old job that I would love to use to start my real estate journey. I wanted to know what is the best way to use this. What I've been reading different avenues, as in se...
I currently have about $115k in my Roth IRA. $60,000 is contributions. If I understand this correctly, I think I could pull out $60,000 for a 10% penalty ($6000). If I pull out the whole thing I think I would get hit ...
Hi,
I am a LA resident, attorney, and first time investor. I have read various real estate books and found a few strategies that could work but not sure what to do.
1) The first option was doing an FHA or 5% conve...
My wife and I are in our early 30's and currently have a 1-bedroom condo in CT renting for $1,750/month with expenses (including mortgage, tax, insurance, etc.) at $1,200. We both work 9-5 jobs in the marketing/event...
Are you dreaming of building your wealth through real estate investments?The world of real estate can be both exciting and rewarding, but it's essential to have a solid plan in place to achieve your financial goals.In...
Hi BP! Recently, my wife & I decided to get a HELOC on our rental property in hopes of buying more rentals. Our lender said $210k was the max we could qualify for considering the LTV and our DTI (now around 53% wi...
Hello everyone, Not sure if this has been answered before, but as I begin to embark on my journey to creating passive income and long term wealth, I am constantly going back and forth about which method to pursue. I ...
Hey BP Community!
I’m diving into the multifamily-apartment investment space, and one thing has become crystal clear: if you can’t underwrite a deal, you’re flying blind. Every great multifamily investor I’ve spoken ...
Looking to get going on some real estate so I can replace my wife's income and she can quit her job. Please poke holes in this strategy. We currently live in a 1000 sqft single family home that we pay a mortgage on. M...