Marvin There are so many things to consider, the way I will go about it will be by acquiring a debt weapon, home equity line of credit maybe for 20,000 and use that to pay down your principal there are some good youtube videos that will explain how to pay down your mortgage faster and save thousands of dollars in interest, but you need to have at least $500 of cash flow each month for that to work or use that to pay of a car payment faster anything that will increase your debt to income ratio so you can start saving more money each month cut down your monthly bills pay off all credit cards anyway you can i will try to get out of any car payments sell the cars buy a use one before selling the house, rent a room is a big house. obviously like i said lots of things to think about do you have kids so maybe a roommate wont work and your finances with out looking at them is hard to plan but I will try to make that house the investment get created if you have good credit that’s exactly how i started i hustle pay down my principal using the HELOC technique and when my equity become more because of lowering the principal I call my lender and increase my HELOC amount to the point that i was able to buy a house cash using the HELOC my HELOC became my checking account and i was paycheck parking all my income in the heloc is hard to explain what i did in a text but i hope this help you in getting created and into looking at more information before you sell or selling is the best way to go about it.

There is a rural property in the Kansas City area that I have an interest in wanting to buy, and I’d like to pick you all’s creative minds to help find a way obtain it with the lowest risk possible.

Hi, I have an excellent credit history and I already have sufficient credit cards.

What is the best way for me to get a list of National Credit Tenants' new location managers?

FHA required down payment is 3.5% for credit scores above 580, regardless if it is a fourplex or SFH.

As far as your student loans, most lenders will either factor in the payment amount on your credit report or 1% of the unpaid balance, whichever is more, into your monthly debt.

I have a 5 unit property under contract in Westchester County and need to find a small bank or credit union to finance the acquisition. 

But they will need to see bank statements and even credit score info before moving forward, you will have to submit for draws during the rehab, and they will hold some of the $$ back until the rehab is complete to their satisfaction.Bottom line is as an investor (from your perspective, not the lender's), you should always have the cash saved and available to fund either type of deal without having to take a loan from another source. 

His take is most heirs are more than happy to sell to him and be done with it.I haven't check the bankruptcy aspect of NNN leases, but having been in the credit field for a number of years, I believe if the lessor declares bankruptcy, it does not negate the lease.

Born and raised in Chicago.I am in debt, about 70K from college, otherwise no car, no credit card or any other debt.