Peyton LaBarbera
Difference Between Loan types pt2
What is the difference between portfolio loans and DSCR loans? Or are they the exact same thing?
Account Closed
When to give up the 9-5 job?
I don't know if this is in the right place or not. My question is when were you able to give up your job and just take care of your properties full time? Is there some rule of thumb to use in determining when you shou...
Justin R.
How to setup Quickbooks for Personal Rental Portfolio
I officially started using quickbooks to help organize my accounting. I wanted to share with you how I set it up, and was looking for feedback on how others may organize/account themselves.1. I added my business bank...
Robert Carpenter
Hypothetical Subject To Deal
My seller has an FSBO house with an ARV of $530,000.He wants $520,000. He owes $290,000 with a payment of $2,400 PITI.He wants a Down Payment of $75,000 and a two year balloon.--------------------------------------...
Ross Ellington
Can a market be profitable below the 1% rule? Austin Tx
Good morning everyone, happy holidays. I have a question and I'm dying to find the answer. I keep hearing everyone talk about the1% rule and how it's important. But I'm looking at the Austin, Tx market for duplex/4 pl...
Tochi Ajiwe
Looking for properties in around Medical Center Area
Hey BP family,My name is Tochi and I am relatively new to BP. I have read so many books and actively listen to BP podcasts and other REI podcasts. I am currently in Dallas but looking to move back to my hometown in Ho...
Walther Mendez
Thinking about becoming a hard money lender with a cashout refi
Hey everyone,My parents are actually looking at this not me. Their primary home is already paid in full (valued at $150k). My parents and I were wondering if taking out a mortgage against their home and using that mon...
Mitch Holmes
Bag of cash but no W2
Hey all! I'm new to the forums (first post), although I've been lurking for a minute. I've been wanting to get some advice from people about my specific situation, but there's a lot so I'll try to keep it to the poi...
Chad Lundquist
Best way to invest my capital
Hey BP family, I have a question regarding the best way to allocate my financial resources. My wife and I have four (4) rental properties, three (3) of which are owned free & clear and we have approximately $375 -...
Isabella Phillips
What to do with Equity in San Diego, California
Hey Guys! I have a rental condo in Little Italy in San Diego that breaks even monthly with $200k equity in it. I’m trying to figure out the best strategy and would love some advice. I am a gymnastics coach running my ...