Julie Daugherty
House hack an FHA loan
22 August 2018 | 2 replies
She qualified for the 211K, but 245K was outside her comfort zone and went over her allowable DTI (debt to income ratio), but adding $750 per month in potential income to the equation made the 245K property doable.
Or Y.
15y vs. 30y strategy - convince me i'm wrong
27 August 2018 | 12 replies
The most conservative investors will opt to pay off their debts asap with the belief it is a safer bet.
Cory Peters
Using equity in property to purchase another property
27 February 2020 | 4 replies
That would be a very risky move, you would have a very high debt to equity ratio.
Steven Coppola
Having negative cash flow to pay off mortgage faster
25 August 2018 | 6 replies
BTW appreciation makes you a fortune when acting on a lot of rentals (all with max LTV IE max debt).
Sherry Maharaj
New Investor needing help
23 August 2018 | 2 replies
I don't have any savings and yes I have a job but I also have debt like a car loan, personal loan, student loans , and credit card debt so if I wanted to purchase this property what are my options?
Jonathan Taylor
CA prop 10 opinions
30 October 2018 | 59 replies
To echo what's already been said by some, your cash flow potential will be a function of your debt service, if any.
Gabriel Lamb
Best plan of action to invest in real estate with your spouse?
23 August 2018 | 7 replies
We have quite a few together or in our LLCs if commercial property, but banks weren't involved and no conventional debt on them.
Asher Carr
HELOC = DUE ON SALE TRIGGERED?
22 August 2018 | 1 reply
Its only $305/month and thats the only debt on the home.
Brian Baker
Equity Lines on Rental Properties
25 August 2018 | 7 replies
(Assuming you have a good Debt to Asset ratio personally and high credit score.
Shannon Nelson
Equity in Wholesaling with Cash
23 August 2018 | 2 replies
Value minus Debt equals Equity.