Hello everyone!I've been listening to bigger pockets for almost two years now and should have enrolled a long time ago but I've been scared I don't even know why.I've been on a reading overdose for the past two years ...
Hi All,The situation is this, I have done some digging already and found that the note debtor that I'm in contact with has more assets than they are disclosing when asked to produce profit and loss, w2, tax filing etc...
Whats the best way to match debtors from abstract of judgments to their home ownership? Using the white pages doesn't work that well, but I'm sure one of you has a good way of doing it.
If you were to make $20K on a real estate transaction would you use it to pay down existing debt such as a car loan or credit card debt, reinvest it into another deal, or a combination of both?
I have 2 investment properties with decent cash flow. about $500 profit a month for both combined.no other large debt and have a full time job that can cover both mortgages in the case is not rented.I have full mortga...
Hi everyone,
Should I invest my 10K from a mutual fund on a rental income property or should I use this money to pay down my 6.25% interest only loan of 5 years on a investment property that is upside down? There is...
I am seller financing a piece of commercial property and on the contract it says that the guarantor and the debtor are the same person. Is that normal or should I have someone else besides the debtor be the guarantor?
We have about $170k in “bad” debt and our DTR is almost 50%. We are about to get $150k in cash from a business sale. Should we pay off debt or invest? I’m thinking pay off enough debt to get us to 30% DTR then invest ...
Hello BP community! Just recently learned of BP from a close friend. I was discussing with him my current situation and he recommended I reach out to the community for some guidance. I graduated from college in May of...
I read an article in Forbes about paying down student loan debt (https://www.forbes.com/sites/zackfriedman/2017/11/15/student-loans-repayment/), and it brought up a question I've had for a while: pay down debt first o...