Joe Splitrock
Where do you park your money?
I am wondering if you built up $10,000 or $25,000 or $100,000 in cash to invest, but were not ready to invest, where would you park your money? Would the "location" change based on the dollar amount?- Money market (FD...
Blaine Hubert
AFTER PICS - My 1st Project - What do you think of the deal?
Before - http://www.904kingswood.com/before
After - http://www.904kingswood.com/after
Hi,
I've got my first house under contract and would like to know what you all think about the deal. I will try to give all numb...
Kenneth Sok
Painted popcorn ceiling? Keep or remove in a rental.
Just closed on my 3rd rental. This beauty was built in 1977.I learned today how much "fun" there was in trying to peel off painted popcorn ceiling. It definitely doesn't want to come off easy. I've already taken out a...
Sean Gallagher
Few questions about rentals
How profitable is the rental business? I've been looking over some threads here and see that percents are used a lot when dealing with duplex's/ plan on renting out a building. I'm not too certain on the percents an...
Joey Allison
I sold a business. Do I invest or pay off debt?
Guys, I am 34 years old. I will be selling my ownership in one of my companies for $300k. With this sale, I’m losing $40k per year in salary. I’m trying to see how you would invest the $300k. Here’s my breakdown. I ha...
B Cory
The Investor Proof Short Sale Approval
As most of you may know, Wachovia (A part of the Wells Fargo Company) has come out with a new Short Sale Approval letter stopping investors from buying the property, and marketing for a end buyer or putting a end buye...
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...