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21 April 2024 | 8 replies
Highly unlikely anyone would be able to buy that particular note, and if they could, it wouldn’t necessarily be at a discount.
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22 April 2024 | 8 replies
Here's my situation:Debts$127K loan @ 16.99% for an investment property rehab - $1963/months fixed$50K Heloc against primary obtained when rates were low and has since adjusted to market (high) rate $36K (three business credit cards at diff rates, lowest at 22% apr)IncomeMortgage 1 income after expenses (primary carrying the heloc -) - $600/monthMortgage 2 income (also primary) - $ 162/month ( not enough equity in this to sell right away ($70k) but area is growing like crazy)Mortgage 3 income (investment) - $720/monthMortgage 4 income (this is the property the127k loan was taken against) - $856/month - This is the one i am considering selling.
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23 April 2024 | 14 replies
You just can't beat that debt, especially in an area that is appreciating and in high demand.
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19 April 2024 | 3 replies
It is completely free, there will be food provided, and multiple industry partners coming to talk and bring information.
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21 April 2024 | 8 replies
Your monthly HELOC payment is way, way, way too high.
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22 April 2024 | 5 replies
DSCR Loans: What Are They And How To Get The Best Termshttps://www.biggerpockets.com/...DSCR Loans: How To Use Pro Strategies To Save More And Make Morehttps://www.biggerpockets.com/...Multifamily DSCR Loans: A New High-Impact Loan Option For Real Estate Investors?
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22 April 2024 | 9 replies
You have a high-earning job for a 19-year old so keep banking the money and don't commit to a property out-of-state until you know where you are going.
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22 April 2024 | 5 replies
I would highly recommend staying away from anything being transferred from one person to the other directly.
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23 April 2024 | 31 replies
The high cost of buying cheap.
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22 April 2024 | 10 replies
If your goal is to pay down mortgages, then tackling high interest loans often is best.