One may have more money to invest, another may have debt they need to pay.

I've been a buy and hold investor for about 3 years, together we own 4 properties (including my home, which will get rented eventually) and aside from those four mortgages, we are totally debt free.

I also have no debt.

But the key is that it does not affect your Debt-to-income ratio.But I'd say pull it out and start buying properties!!!

You could refinance (no taxes on debt) and use the funds to purchase another rental.

Another measure of risk is debt coverage ratio.

We had around $50,000 in hand so we decided to put $45,000 towards getting out of debt and set $5,000 aside for our next project.

Brought back nightmare memories of a house we restored from flooding.   

They don't look at tax returns or debt to income ratio to qualify -- basically, good credit and whether the property is rentable/numbers make sense.Any thoughts, suggestions, criticisms would be greatly appreciated.TIA,Manuel

The site helps both new and experienced investors create an investing "roadmap," by creating different property portfolios and tracking the progress of each scenario as you purchase/sell properties, collect rental cash and pay off debt etc..