I’ve been reading a ton of posts recently where people have recently quit college or a job, or are thinking about doing so. While I commend people on having the commitment and passion to peruse a different path, but t...

I just got a property in TX for 125K if renovated bathrooms and kitchen will appreciate to 190k as per appraisal. I took a hard money loan including money for the renovation. Now the tenant is giving me a hard time, t...

I recently left my travel industry of one year and am currently a nanny making more money (roughly $800-$1000) a week however this is cash so it is non-taxable income. I also work part time as a server for extra money...

At my local REIA meeting, there was a sentiment from the more veteran players (particularly the mortgage brokers) that Fannie MAE/MAC will change mortgage allowance from 4 to 8 soon to help relief the number of forecl...

So I just got approved for $150k SBA EIDL under my design biz (not real estate related biz).  Terms are 3.75% interest rate w/ 30yrs to pay.  $731/mo (P/I)..  First payment does not start until after 12mos from disbur...

Actually, the title says it all. Right now I'm using a PO box that everybody mails their rent to. But late rent is getting blamed on the Post Office (which is possible). It seems like the 2020 there should be better o...

So here’s an example Brrrr just to see if I understand how the numbers work.
House valued: $100k
DP: $20k
Loan: $80k
Rehab: $20k
ARV: $160
Refi: $160k * 75% = $120k
Cash out: $120k - $80k = $40k for next deal
...

Perhaps someone can help clarify my thinking on a financial question.For this discussion let's assume we're talking about a $100,000 30 year fixed rate mortgage at 5% with a payment of $536.82 per month.Not that you w...

Looking for any advice. The good, the bad and the ugly. I have a family in one of my long term rentals. In early December last year, one of their children had a medical emergency in the house and had to go to the hosp...

Hi, folks! My husband and I live pretty humbly so we have zero debt. We own our home, our cars, etc. My husband works part time for himself and I don’t work at all. Haven’t since 2017. We’re surviving and thriving jus...