So the initial purchase i use my lines of credit for he purchase of the property. Then I use all my rental income and cash from my business account to rehab it and when I run out I use more of the lines of credit. Am ...
When investing in real estate one of the key factors to consider carefully is the age of the property. Prices on older stock may be tempting, but going with a new investment property has many important advantages. In ...
So I have a 4 unit property that me and my fiancée have lived in for a year. Our plan is to refinance our fha loan into a conventional w/cash out loan. We are trying to waiting until early spring for the comps in our ...
Hello everybody, I realize I skipped this step so I am backtracking to say to officially say hello. Name is Matt- I am from Boston but have nationwide experience from LA to Atlanta to Charlotte to my native Boston. I ...
I am starting the education part of my investing game. But I don't own my own house yet (primary residence). I am a would be landlord who still rents. Does that qualify as irony? lol I am fixing my credit but at this ...
Hey BP,
My first post ever!
So I am saving up to buy my first property and have the goal of eventually quitting my day job. However, the biggest plus to my day job is the medical benefits.
I was wondering how expe...
Hi,Newbie here. Literally found the site whilst researching Ramsey vs Kiwosaki about DEBT.I am self employed, as a business and product consultant, my income is wildly unstable. Some good months, some slow months.My c...
Hello BP I live in the Los Angeles area ( West Covina ) and want to get my foot in the door with real estate. Properties where I live for a 3-1 SFH are valued at about $550k. I found a property that needs tons of work...
I am seeing a spike in prices over the past 5 years in about 7 different areas of Pittsburgh. I try to focus on those areas but sometimes I feel its too late. I want to get there before the hype. I am trying to hone m...
Ok, so here's the situation: I've got 3 rentals, and I have an offer for a house I paid 79k for for 125k. I owe 72k, so that gives me 53k to play with. Taxes will be ~$6500, so that leaves me with 46.5k in pocket, fre...