Meaning that they will agree to do the early work with the understanding that if you go forward with the project, they will get paid if for the spec and forward work if and when there is capital (debt or equity) to pay for the spec and forward work.Even if you can’t get either of the parties to spec the work the time and cost to do the early work is short and comparatively modest.

I also try to write off as much as possible and have a lot of student loan debt :/

I would also suggest if your not debt free get there ASAP.

In this situation, I believe each of us would be signed onto the loan as the guarantor for the FULL loan amount.i.e.)If each person owns 1/6 (17%) of a home and we take out a $1M mortgage, instead of inheriting 1/6 of $1M, each person would have the FULL $1M as a liability on their creditAs I understand it, this would significantly increase our debt-to-income ratio = more difficult to get future loans.Is there a way to navigate this?

There are personal tax considerations, the structure of the investment (sole ownership or ownership with a partner), personal comfortability with risk, the loan products you have access to, personal income, personal debt to income ratios, property income, state of ownership (different states have different rules on transfer tax), and even the future strategy you are planning on taking with your investments etc.

I am a high w2 earner and my lenders have been using my current rental income to offset my debt which has kept my DTI low, so I don't anticipate having any future issues with obtaining lending for at least up to the first 10 properties I buy. 

Since I'm self-employed, I've decided to obtain commercial debt for an upcoming rental condo purchase (long term hold). 

You to make a deal her for at least enough to cover the mtg, hoa debts, taxes and closing costs.

Hello all,Reaching out to see if anybody has any hacks for getting credit card debt paid down/off, sooner/cheaper.The debt was planned/strategic to get me into my first houshack (and has worked).I have a plan to pay it off fairly expeditiously.The current plan is to use the debt avalanche method.I am thinking that some sort of personal loan could help reduce the interest rate on the debt and provided there are no prepayment penalties on it it will allow me to get the debt paid off quicker with less interest costs.Does anybody have any suggestions as to how one would go about getting the best rate and terms for a personal loan such as the one I mentioned above?

LOAN AMOUNT: $531000HOUSE PRICE: $590KInterest Rate Quoted: 3.5% (Credit Score 792, Debt/Income Ratio: 38%)Please chime in I would really love the help.