Kenneth Burke
What's the best way to collect money from eviction ?
I recently won monetary damages from an eviction hearing for a little over $7,000. This is my first eviction that I would like to make an attempt to recover the funds. I was looking for any recommendations on how to p...
Tyler Darby
Help me with a plan!
I need some guidance to start my dream of being financially free. Here are all my debts, savings, etc.Debt: truck note -10kMortgage - 160k with 20k in equityStudent loans - 40kSavings:10k cashShould I pay off al debt ...
Kenneth Jester
When to take on debt to expand vs bootstrapping to get there
Hey everyone! Sorry if this is a stupid question and the answer is as simple as “it makes sense if the return you can get from the debt exceeds the interest rate on the debt.” I still wanted to get your view on it as ...
Philip Abbey
Paying off debt vs. investing in real estate
Hey everyone, I am wondering if it makes more sense to pay off existing debt first such as student loans credit card and car debt, or to save up instead to put a down payment on a rental property to bring in passive i...
Michelle E.
Commercial brrrr in chicago - how to get max LTV?
We are looking to refinance a 12 unit appraised at 870K with maximum cash out. We only owe $175 so there is plenty of equity. The bank we have a relationship with would only give us $250K (which would leave us with $7...
Chris Washington
First Time Investor - Commercial Multifamily Financing
Hey BP...have a question hoping you can help me out.I'm just starting out in REI, and working on the plan to buy my first investment property. After researching potential strategies, I am focusing against commercial, ...
Tiya Patel
Job + Real Estate or No??
So say I chose real estate as my career and had no money prior, therefore, I get a junior debt loan on some type of rental property. However, would you recommend getting a short term job in the beginning of a real est...
Steve Edwards
How to get into flipping without any money (without hookups)?
I want to get into this now. I want this to be my profession. I dont have any money, only debt, and I know conservative minds would tell me to keep working my job until I had some money saved and debt paid but that w...
Omar Grant
Titling your vehicle(s) for downpayment/rehab
Thoughts and advice on using an auto title loan company as a source for quick cash to use as a downpayment or rehabbing a property. I own both of my cars outright. They are worth about 30k+ total. Just starting out an...
Vicente Vitela
Going into debt to buy mentorship
New to investing was wondering if going into debt to pay for a commercial real estate coach is a good idea? I have about half of the “tuition” in cash and the other half i can get using my credit cards is this smart o...