Joe Einbinder
HELOC, or refinance??
28 August 2018 | 4 replies
If you are living in the condo and have decent income and ok debt to income ratio I would get a conventional loan on a rental property and leave the condo alone.
Lance W.
Need advice with financial future
10 August 2018 | 16 replies
Hello and Yes paying down your debt would be good.
Johnson Michael
Is Turnkey investing a good option?
26 August 2018 | 15 replies
It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Understand you can not eliminate all risk, only mitigate it.
Julia Rockwell
[Calc Review] Help me analyze this deal- am I on the right track?
9 August 2018 | 4 replies
I'm thinking turn key would eliminate/delay some of the capex and maintenance and ultimately make the vacancies easier to fill but then I'm getting into more expensive territory.
Ruel Baliong
North Arlington General Contractor
9 August 2018 | 4 replies
Had a hard time to sell it due to my partner listing it really high and then quickly dropping the prices which I guess made people think, let’s just wait until it drops no more and needless to say there was hardly any return to talk about even though there was no debt service involved.May be your experience will be different but be careful!
Candace Noel
Note Buyer(s) Needed for Potential Portfolio of Properties in MD
5 March 2019 | 13 replies
Seller financing is usually for properties that have little to no debt on them.
Jacob Robles
New to BiggerPockets
29 November 2018 | 7 replies
Credit score is above 750 with no debt so I’m thinking I should be a good candidate for getting a loan (which I planned on looking Into around February).
James Xie
First deal on commercial real estate
19 August 2018 | 12 replies
If parent company guarantee then the whole company would need to go under (all locations) to basically make the guarantee worthless.If it's a full personal guarantee on the lease then the landlord can come after them personally and they would have to file personal BK to try to get the debt to go away.
Dave Carella
Bubble, Bubble, toil and trouble
15 August 2018 | 81 replies
My properties are in locations with high rental demand so I know even in a bad market I can easily cover my debt service and other expenses.
Jeremy Mahan
Should I sell my rental for money to put down on my own home?
10 August 2018 | 12 replies
That means the rental income covers the associated mortgage PLUS the cash that exceeds the mortgage and expenses helps pay other debt