This way your equity even is giving you a return.Once your portfolio reaches critical mass, or you hit your target numbers or cash flow you can transition over to paying down debt to prepare for the final distribution phase.However, people need to retire, or go full time, at some point this is called your distribution phase, so when that time comes be sure the properties are paid off by that time to maximize cash flow in retirement.A great book on this topic and more is Gary Keller's The Millionaire Real Estate Investor.

I was curious, if you have say an auto loan or maybe some debt in a credit cards.

I have no debt and am patient and disciplined with my assets...So, I'm open to ideas and connections about how to mix and match real estate buying/investing in those areas with a possible career switch into some kind of real estate W2 income. 

I'm moving back to the states soon with my family and we're planning on investing in real estate in the near future, including possibly house hacking.We have no debts and have some money saved as well as a bit of inheritance. 

I'm moving back to the states soon with my family and we're planning on investing in real estate in the near future, including possibly house hacking.We have no debts and have some money saved as well as a bit of inheritance. 

Bankruptcy covers pre-petition debt, not debt after filing.

I currently have no debt but multiple lines of credit open, and I am well on my way to having a 3.5% plus down payment.

They will be able to quickly give you a sense of what you qualify for and -- if you don't qualify -- how to go about saving and paying down debts to qualify.Any good agent should have a list of trusted agents. 

If you're not going through a closing company then make sure you consult the water dept on the separation of the debt so you don't get stuck with it..

Once the house was good enough for the bank to give me a home equity line of credit, I transferred the balances of my debt before the 0% interest period ran out.