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I have this situation. I am paying off all my debts with the snowball method. But I want to be back to invest in Real Estates. My debts now are $50,000 For 3 year. What you guys think, wait until pay off everything or...
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Hey guys. My wife and I are about to sell the house I owned before we got married (we currently live in hers) and we will have about $40K to work with to begin our investing career. We do have about $14K credit card d...
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Hey BP!!It is a guy that I met who is using credit cards from his business to put for a downpayment for multi-family purchasing mixed in with seller financing and private partners. Doesn't affect his personal credit s...
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Four years ago I purchased my first rental using conventional financing. Purchase price was $30,000 so the downpayment was $6,000. Wednesday December 18th I refinanced my portfolio for $400,000 which gave me $85,000 o...
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We all know that the credit card companies are IDIOTS! In fact, I'd go so far as to say that they're managed by complete morons. I've posted before how I received notices from Capital One and Chase that they were ra...
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Hi all,In August i purchased my first home, and since then I've caught fire on the REI subject line. Never really thought about it before but now I'm hooked. So this house i just bought is now a live-in rehab and I'm ...
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I came across a piece of property that the wife is the only one on title & mortgage. A creditor filed a lien against the property but the husband is the one responsable for the debt not the wife. Can they legally ...
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well.... we just got denied for another loan...DTI ratio too high for me and my hubby. I'm starting to get discouraged. I wish I would have found this site years ago or read rich dad poor dad. Too many credit cards......
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Hello friends!
I recently lost my job due to COVID, and I had a work history with a good income for 4 years. Now that I decided to chase what I really want which is Rental Investment, I've come across this roadblock....
Out of debt first before investing in property or both at same time?? Help