I have a question for the community here. I'm going to state some perimeters to guide your answers. Imagine you're in your mid-20's, live in Scottsdale, no family, single, and unemployed. You do, however, have access ...
All,I cant understand the math behind the rental investments even though I would love to get started in it. Where I am from (Delaware) a 3 bed 2 bath can rent for 850 a month. If I find an amazing deal and it costs on...
I bought my first investment property in Greeley, Colorado and have been using it as an STR since that will give me the best returns. In order to get into the property, I used a HELOC from my primary property and a co...
Hey guys, so we have a closing scheduled for this coming Monday, and I need to wire $24,000 to the closing company for this house today (Friday) to have the funds reach on time for the closing. This will be my first h...
Greetings everyone.The name is Daniel. I just finished attending a 3 day REI course (FortuneBuilders). Im working as a barber in Fremont, CA, and my money is tight. My credit score is 620. I tried going to 'epicfastfu...
Hi all. Got a fuzzy question i cant seem to get clarity on. I own an investment property that i have a primary mortgage on. I also recently got a heloc on the property but havent drawn down on it. I am considering a 1...
@Brandon TurnerHey Brandon!What's better: a 15-yr mortgage or a 30-yr mortgage?I can still cash flow just fine with a 15, so I decided to take it (PITI with the 15-yr is $550/month, while it is $350/month for the 30-y...
John Michael hosted a chat and this is the text from the chat that is posted.
I hope you enjoy and learn. These are just basics so to build a foundation.
johnmichael: Let me start off with a little introduction, I...
I am a young investor and in the next year or two I will need a new car. I bought it in high school and it's running on it's last legs. So I run into a very interesting dilemma that has shown two very distinctive an...