James Staples
NEW MEMBER INTRODUCTION
Hi, James Staples V54 white male, married 33 yrs 5 children 9 gkids. U S Army 11B vet 79-82, NG 82-84. Disabled due to believing the harder I worked the better I would get paid, 3 back surgeries later- ended that. Wo...
James Feenstra
New from Toronto
Heard about this site through a random google search, figured there may be some useful advice for Canadians here as well.Currently own a couple of condos in Toronto and am looking at buying my first multi-unit propert...
Jerry Jones
rent to people just filed bankrupcy?
I have a couple who are very imotivated in renting my property. The husband just get promoted and need to relocate to our area.They have stable income and most of things looked right. However, they just filed bankrupc...
Lam N.
Anyone have experience with sprout mortgage?
https://www.sproutmortgagedire...Not talking about sprout financial. I'm talking about sprout mortgage direct. Anyone has any experience with these guys?
John Michael
Use a HELOC just for down payment or purchase in full?
Happy Monday all,We are looking to start our first BRRRR and have a HELOC for $195k. It appears that our choices to purchase our first property are the following:1. Use the HELOC to purchase a property outright in ca...
Eric Maertens
Cash out 401k or leave in?
Hi BP,
My question is should I cash out my 401k to invest in a basement rental at my current residence. I am 31 yes old, I have a 30yr VA loan on the property and finishing the basement will cost an estimated 50k whi...
Ben Cochran
Should I pull some equity to purchase an STR?
I’m going to consult a local financial planner but thought I’d ask the brilliant minds at BP as well. My wife and I own 3 properties in Colorado and are considering pulling some equity to purchase an STR in the Tampa ...
Thomas C.
Personal Line of Credit - Use it or leave it alone?
Folks, I have a $30k personal line of credit (6% variable APR) and am wondering if I should use it for anything or just let it sit there and look like I use 0% of available credit. I've had varying responses from coll...
Mantas Motekaitis
Financing Repairs on Inherited Property
Hi BiggerPockets community,My family is inheriting a 6 unit multifamily in Chicago from my great uncle. With his old age he unfortunately failed to keep up with building maintenance and rented the units for $425 a mon...
Landon Dolezal
My plan, constructive criticism?
Hey BP iv already made an intro but my names Landon and i'm 19 and i finally created for myself a 5yr plan to financial freedom. I was hoping you guys could critique this because most of this im sure is wish washy. bu...