Terry Clifton
Debt consolidation or refinance
Hello I’m Broke, I need your expertise:- Own a 2 family in NYC with about $800K in equity at 3.5% interest rate $2600 monthly mortgage- Owe about $85k in credit card debt st about 27% apr….all paid minimum but drownin...
Nadirah Dawson
Use Credit Cards to fund a deal
Hello Everyone! I recently used this company that got me approved for 8 credit cards that gave me a line of credit of $60K...after going to a few guru classes, they told me I could use the credit cards as "investor ca...
Elia Caputo
Mhe best strategy/Mentor
Hi everyone my name is Elia and I am new here. I have 2 short-term rentals in WNC, one long-term rental in AZ currently for sale, 2 lots for sale, and a fixer-upper to be fixed. My husband and I are ready to fully gro...
Wes Evans
Hard Money VS HELOC VS Both for BRRRR
Please help me think through what I might be missing and any suggestions of other creative ideas.Purchasing a BRRRR property in price range of $50K-100K with $20-50K of rehab needed. (70K-150K ALL IN)Currently have:- ...
Nicholas B.
Mortgage Underwriting Guidelines & DTI - (@Bill Gulley)
In another thread, @Bill Gulley and I had a brief discussion on underwriting guidelines. Rather than take that thread off topic, I created this one to hopefully further the discussion. The main contention was whether ...
Jim Stevenson
Pay off debt vs saving for down payment
Hey everyone, I know this question has probably been posed a lot but I wanted to see if I could get some feedback on my situation. Back in September I started the uphill battle of paying off mine and my wife's $55k wo...
Seth McGathey
Carrying HELOC on 0% credit card
I recently used a HELOC for a down payment and for some repairs. I will have to hold out for a bit to cash out refinance to make it worth it. So I will need to carry the HELOC balance for about a year. I was consideri...
Precious Thompson
Making Rent Payment
Can someone pay there rent deposit with a credit card?
Heather Frusco
Using Credit Cards to pay rent during COVID-19?
So far Tenants have options in making their rent payments... there are multiple options from a stimulus bill offering $1,200 per adult, to $600+/week offered for unemployment in addition, to state unemployment, to per...
Christina Colon
Rehab using credit cards
Recently I completed an entire rehab on our long term rental and converted into a short term rental. I'm 2 months into running my short term rental and we have been breaking even (thankfully). The dilemma:We used some...