Larry Wilkes
Paying down Credit cards
Hey BP i just have a quick question I am about 6,700 in CC debt I also made a mistake and took out an installment loan with upgrade for 4,000 monthly payment is about 178.00 for about 18 more months left on payments. ...
Josh Neumann
Selling off partial ownership in 16 unit...advice
Would it be wise for an investor (me) to look at selling off partial ownership in a building to either eliminate (commercial loan) debt or use toward purchase of a new property. I'm in the process of a 4unit purchase ...
Patrik Kusek
1031 What name to buy property in?
We are in the middle of a 1031X. My husband and I were on the title and loan for the relinquished property. Do we both have to be on the title AND loan for the relinquished property? or can we be both on title and onl...
Rodney Sums
When you're torn between holding or letting go...
I'm torn over whether to refi or sell one of my homes. It is my primary that I bought 3 years ago with the intent to house hack, improve, and rent. Appreciation has been good. I'd like to eliminate student loan debt...
John H.
Does cosigning on a loan increase ability to lend in future?
***I MEAN INCREASE ABILITY TO BORROW***
I am still in school but on a good scholarship program. The scholarship would be well enough to help pay for a very small house (80-100k). The banks like to see non scholarhi...
DJ Cummins
bank loan vs 401k loan
So what is your opinion? We are using some savings and have to go with either 401k or bank loan to get started. Think we are crazy for using 10-15% of our 401k? I feel its ny money and the penalty doesn't make or bre...
TIM HUGHES
Pay down debt or save to buy properties?
Hi BP,I am trying to figure out the best course of action to take and im sure this question has been posed many times on here but some guidance would be great..question is do i try to eliminate as much debt as possibl...
Cheryl Cunio
Private Investor Needed
Seeking 44.5% LTV on 4/2 split level home on 2.29 acres in Eugene. The property is currently owned free and clear. Real market value, county records $339,091. Comp value $369,900. Loan sought: $150,000 at 8% for 5 yea...
Donald Howaniec
Where would I start looking for a DST?
This is in conjunction with an earlier post regarding the sale of my property in Chicago and the purchase of a property in the Indianapolis area. I have been researching the 1031 exchange process and have come across ...
Zach Schaar
Confusing Wholesale Situation
A person called me on a property that was previously in bankruptcy but has since been discharged. The seller is now saying that she dosen't owe anything on the house, but they were talking about making an offer to ...