Bijan Gavahi
Renting an apartment, should I wait to invest?
So I want to get into rental property investing and I really want to get into house hacking so I can understand the business of it. The problem is that I currently rent my apartment and the lease is not up until May 2...
Wakes Andre
Should I pay mortgage, contribute to 401K or put aside and invest
I contribute to my 401K around $1500 every month before taxes. The company I work for contributes around $150 to it every month as well. I'm 35 and I have a 15 years mortgage for my primary residence. If I pay the add...
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haaaeeelllllppppp!!!!!!!!!!!!!!!!!
ok,
numbers!!!!! first let me give you numbers
(karla i hope you're listening)
$450k = asking price
$6000 = Rent roll = $7200 annual = $720k
Here is the sweet deal... (you thought that was it huh)
The property A...
Cliff T.
What's the Mortgage Paydown Sweet-Spot?
Purchase Price: $30kDown Payment: 20% or $6kMortgage Amount: $24kAPR: 5.5%Term: 15 yearsRepairs: $8kARV: $40k-ishRent: $700QUESTION: How much should I pay down this loan right off the bat with a 1.99% HELOC of $30k?I ...
Christopher Hand
What entity is best for Buy&Hold with siblings as partners
My two brothers and I will be inheriting close to 1m and and with them being younger (27 and 22) they want to invest this money since they don't have many uses for such a large sum of money now. We are looking at inv...
Account Closed
Wholesaling Process If You Represent Yourself
Hello BP'ers, Wholesaling is something that I've considered in the past but up until recently, I never gave it a whole lot of thought as I was focused on acquiring properties to hold. However, I am in a position where...
Bryan Chavez
How would you invest 100,000?
First and foremost, I would like to greet the bigger pockets community. I am 21 years of age and currently in the process of obtaining my RE license. Although I have completed the education requirements, I have yet to...
Rabih El-Khoury
100% Payment vs. Leverage: Depends on Your Goals!
The short of is: it really boils down to your financial goals in determining whether you should pay for properties in full or use leverage (mortgage). The truth is always in the math. My business partner and I are jus...
Frank Linares
Need info on doing a 1031 Exchange
I live in Simi Valley, CA and have a house in Lake Havasu City, AZ that I just listed to sell. I want to make sure when I sell it I can do a 1031 Exchange. What is the best way to do this and do I need to hire an at...
Erick Torres
Advantages of either Single-Family Home or Condo Investing?
Hello BP members - I'm a beginner-level investor in Miami and currently have owned my condo for 3yrs. It's currently been on the rental market searching for tenants since last week, as I search for another property.My...