William McDonough
Before anything..first get out of debt??
Out of debt first before investing in property or both at same time?? Help
Adam G Maggs
12 months and $300/mo to improve my credit
Whats up folks? I am looking to buy my first piece of real estate in about a year. I expect my largest obstacle will be my credit score. I am starting at a 600 and working hard to clean it up. A snapshot of my current...
Dave Mustaine
Tenant Choice
This is a hypothetical question based on a decision I will likely need to make. If you had to chose and approve one of these tenants, which one would it be?Assume both renters have the same amount of income, assets, ...
Micah Shelton
Sell one rental to pay revolving debts portfolio created? Or?
Snapshot of issue:
I have accumulated 5 small multi-families. 4 in Indiana, 1 in Portland, OR. Through that have had to heavily renovate one and two others with significant tenant turn over needs this past year. I ha...
Phil Davids
HELOC for Debt or Refinance Cash out for Debt from Rental prop.
So, my wife would like HELOC of 25K from a rental property to pay high interest (24%) CC debts. Is it better to refinance this house and cash out 25k to pay debt? This also gives a chance to be on deed (in GA) as we m...
Christopher G.
hard money loan or save
I am coming into a little bit of money and have a dilemma... I have about 10K coming and debating to pay off credit card balances down to 0 each, as well as a certification, or use that money to invest in a property. ...
Alexis Zion
Credit Score dropped by 50 points
Hey folks. I had an emergency repair at one of my buildings (boiler died in winter) that I had to put on my credit cards. I put a total of $30,000 on my cc for individual furnaces in each of the 8 units. I had a cr...
Anthony Aragona
Do I need to eliminate my debt before beginning my RE career?
I’m really looking to begin my journey into real estate but I’m unsure if my own personal finance situation needs to be addressed before getting off the ground. I’m married with 2 small children. My wife and I both ma...
Matthew Greco
Two bill paying related questions
Good morning BP,Just got done listening to podcast #200, was recommended for a noob like myself. The talk about getting you life in order before making a deal, struck a cork with me.So I have a $6k credit card bill at...
Simone Nicholas
Personal loan to reduce debt
Looking for ad use on whether to take out a personal loan to pay down my high interest rate credit card debt to increase score or are there other options in pulling equity out of the house. Appreciate the help.