What is a good balance between debt and leverage?The biggest mistakes I have made were when I assumed I was strong enough to overcome the psychological effects of dealing with debt. Last year (just after I was on the ...
I owe about 4k in credit cards and 8k in bank account . Should I continue saving for a flip and make minimum payments? Or pay off credit debt
Hi everyone, I am new to BiggerPockets and Real Estate. I currently rent. Last year I had my second child but only 3 months into my pregnancy I was placed on bed rest and have yet to return. Living paycheck to paych...
I just got a multi-unit and it just so happens that it requires a bit more cash, such as plumbing, electrical etc,. I have two other buildings, and I have a high amount of credit card debt (over 50k) due to the unfore...
Hi everyone, I'm Mike and I'm an intermediate Internet Marketer. I recently became interest in Real Estate and thought I come here for some advice on what good debt actually is. I know bad debt are like credit cards ...
Hey BP I want to share my story of how I paid off $11,000 dollars in CC debt over a 27 month period, all while not paying any interest, and while traveling the world. When I graduated from medical school in 2015, I di...
Is anyone familiar with Credit Counciling Progams? I've never used one before b/c i've had good credit for many years and have kept my CC balances at a minimal. I've now bought my third property (Cash). Lines of ...
So I have a very complex personal finance situation, one that's perhaps causing me more constraints than I'm fully aware of because of it's complexity and obligations. I feel totally ok with sharing some ballpark ...
Not sure if this is the right place for this but I am looking to get some insight or help on this. Please tell me if this is smart or not.I want to pull out a HELO loan and pay off our bills so I can consolidate every...
This is my first post, so sorry if it lacks form.I'm a new real estate investor that just moved into my second property with 2 tenants. I rented out my first one with some cash flow, but my second one I do have to pa...