Tim Nicholas
Just signed rental contracts for my first 2 SFRs
Hey BP family. I am very excited and loving what I am doing and a big thank you to Josh, Brandon, Mindy and the rest of the Team at BP for the encouragement and the challenging blog's, forums and podcast, what inspir...
Danny Cerecedes
Help with being creative with a deal?
Hi BP!So I need some help or advice with a deal. My in laws are renting a house that they used to own 20 years ago. My father in law built the house and hit some hard financial times years ago with his plumbing busine...
Thomas O'Donnell
How Can I Escape my High Cost Situation & Invest More
I would like to run something by you guys and ask for some advice. I am currently house-hacking a duplex in Columbus, OH and I think it is actually setting me back. I used a 0% down loan, 7.5% interest rate and have a...
Joanna Joy Seetoo
Seeking Market Forecast for Buying in Joshua Tree, CA area
Hello!I know there's no crystal ball or magic bean but I've been reading all the great advice that gets posted here and as a newbie I am hoping I might be able to get some guidance. I have recently been to Joshua Tree...
Jim Keith
Question on what to do with equity
I am going to be buying my first property next April when my lease is up on my current apartment. I will be purchasing a small multi-family property, a duplex or maybe up to a quad. My main questions is once the deal ...
Jessica Tucker Grubbs
Have equity in home count as part of down payment?
Appraisal= $258k/ purchase price = $230k/ Built-in Equity= $28,000/ Down payment cash $27,000.I have $27,000 cash to put into a down payment on the above home BUT, I need to use some (about $10,000) for a new roof/gut...
Chris Potter
Buy multi-family in Utah now or wait??
I'm curious what the opinion/prediction of the experts is on mulit-family the next few years. What I have seen in Utah is cap rates coming down from 7% +/- to below 5% in many areas with older properties. The invent...
Omar Jarrah
DTI Calculations PLEASE HELP
I am having problems qualifying for mortgages and HELOCS. Everyone says my DTI is too high. I currently carry about 11k in mortgages and they are all covered with rents plus cash flow of about15%(this includes my prim...
Yoshi Uem
How to maximize equity and preserve capital?
Hello! I would like to ask for your advice on what strategy I should consider giving my situation and goal.<Situation>I have W2 and I can save $30k a year from my salary. I am a passive cashflow guy (so far).I l...
Jan B.
Can this be made to work..?
Hi there -Sorry if this is a pretty broad question but we're just about to get started in REI and after reading a lot about the topic - and listening to a ton of episodes on the BP podcast - we're currently figuring o...