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First Step Plans/Questions
31 May 2018 | 4 replies
You can then use your amazing savings rate to pay down that debt or continue to purchase more investments if you would like.
Jamie Brayton
Unable to get a mortgage on second property- creative solutions?
19 July 2017 | 2 replies
We won’t have any income, debt, or mortgage from our first property, but it seems unlikely that any bank would have interest in funding this project.
Marvin S.
Crowdfunding To Buy And Resale SFR At Least Quartedly
31 May 2017 | 12 replies
And you can crowd fund virtually any strategy: whether it's to flip houses quickly, or hold them longer-term or do debt or equity etc.
Jimmy H.
Asset Protection - Is "Equity Split" Best Rental Protection Strategy?
4 August 2010 | 3 replies
It may slow down a creditor for 30 minutes or so, but no court will uphold the transaction as being arms length.Unfortunately, Kentucky, unlike Texas and Florida is not a debtor friendly state.
RG Mullen
Payoff mortgage on rental
23 January 2011 | 21 replies
You lose much of your net debtor inflation hedge if you pay the property off.
Andy Mirza
Any experience with MMM in FL BK courts?
23 June 2021 | 8 replies
I've done some online research and it looks like an easy way for a borrower/debtor to delay the FC process.Anyone have experience with this and wouldn't mind sharing?
Deuris Liquey
Help me help my lead
18 April 2022 | 4 replies
He can stay in the property or sell the property for 95% of the appraised value to pay off the debt or they can sign the property over to the bank.
Dave House
What are your thoughts about this potential deal?
17 February 2011 | 13 replies
In my mind, your cap rate should always be higher than the cost of the debt, or you are getting debt-like returns for equity-like risk.
Jarred S.
Loans vs. Savings
23 January 2012 | 8 replies
My debt is not student loans but i have a small amount of debt...however, like jarred said, i always struggle with th fact of paying off my debt or saving money.
Rob K.
Tenant prospect who filed bankruptcy - not yet discharged
21 May 2013 | 5 replies
Contracts made in contemplation of bankruptcy or made after filing may not be included and you should have a letter reaffirming the debt or obligation from the BK attorney.