Robert Martin
New member headed to Washington
Greetings BP!!!I have been silently exploring the podcasts and forums. I search for random questions and always find several solutions. I am in awe of the wealth of information that BP has to offer. I know I'm in the ...
Dan Costantino
$27k on my first flip!
It was a year ago that I closed on my first flip. The night before I closed, I almost walked out on a $4,900 deposit because I got scared. Thankfully, my step father was good enough to walk through with me and ca...
Taylor Green
Using primary residence HELOC to lend money?
Hi,
I was wondering if it was a good idea to lend money from a HELOC on your primary residence?
My thinking is if I own my primary residence free and clear, I take out a HELOC and use it to invest in le...
Eric DeVito
Need Help! Possibly dug myself in a hole with Interest Only Heloc
Hello all! So i decided on getting a HELCO because I want to get my first investment property and I have equity in my primary residence I live in now. Basically i spoke to TD Bank today and agreed on terms, but I have...
Jim Truman
What's the worst that can happen? Buy and hold small condo(s).
Good evening BP. My wife and I are very carefully and cautiously considering purchasing a rental unit. We've been very diligent about saving up for retirement and now that we have a good amount of cash on hand, I'm ex...
Account Closed
Tenant Screening Fees- is $40 per person too much?
Hi BP community I'm looking for your opinions on tenant screening fees for credit and background checks.We have a SFH for rent and were going to do the screening process through Cozy.co since it seems really easy for ...
Jason J.
Is it possible to get a "good" deal in downtown Los Angeles right now? Expert advice needed.
I'm definitely a newbie at real estate ownership / investing, but I'm in a situation that I hope some better experts can analyze for me. I apologize in advance for the beginner-speak :)Here's my situation:I'm trying t...
John Heasley
Should I take a pay cut now to potentially earn more later?
Hello BP! Full disclaimer--I'm borrowing a friend's account as I'm discussing a job switch, and I don't want this information floating around the internet with my real name on it in the event that someone from my curr...
Grant Schroeder
Marijuana Smoking Inherited-Tenant
Hey BP Community! I have two inherited tenants on one side of the duplex I am currently house-hacking with my wife. It is a mom and her 28 year old son. The mom has been great to work with since we purchased last summ...
Steven Hershey
401k Withdraw Good or Bad idea?
I have this Idea of taking a 20% withdraw for a down payment out of my 401k to avoid PMI costs and down the road to grow my properties to gain financial independence. I understand all of the consequences like 20% fed ...