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28 November 2024 | 2 replies
Now, some of these answers will depend on what state that property is in, how much equity you have, and a couple of other factors...but you can certainly seek out other lenders about a Line of Credit on an investment property.
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6 December 2024 | 4 replies
I called Home Depot, they told me to dispute the credit card charges so I did.
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3 December 2024 | 9 replies
sometimes to reduce borrowing costs, I'll use a hard money loan solely for the purchase, and then pay for the rehab in cash or use a 0% credit card (I don't recommend that for new investors!)
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27 November 2024 | 3 replies
Go to etsy and search for "rental property tracker" and you will find hundreds of nice spreadsheets to track up to 20 rentals.
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2 December 2024 | 4 replies
Depeding on the amount get a credit card that has no interest for 12-18 months.
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2 December 2024 | 5 replies
If i can invest it and make a significant better return after tax than paying it down I would do that but in this instance you will never be able to achieve returns that match credit card debt.
2 December 2024 | 1 reply
Next year i'll hit top pay and should start bringing in 1.2-1.3k a week. and the year after that i plan to move to linehaul and make about 2k a week.I do have a lot of debt, or at least it feels like it to me. the breakdown being;23k in college debt i got getting a bachelors that i never used across 5 loans ranging from 3 to 5% interest rate5k in bank loan debt i got getting my trucker cdl a at 12% interest rate.2.5k in credit card debt from not having an emergency fund and then having emergencies.
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1 December 2024 | 91 replies
If the person managing the synidation does not have a pre-2007/2008 track record, that is not one I would get involved in.
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1 December 2024 | 4 replies
You’re generally working with tenants who, by definition, have lower income and often less favorable credit.
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24 November 2024 | 8 replies
Certainly track record is very important, but track record is so much more than deal performance.The last decade was a consistent bull market so almost anyone could put some runs on the scoreboard while learning little to nothing.