Andrew Adame
Hoping to make some moves in 2023
Hey BP!I have been lurking here for a bit but am now getting serious about starting my REI journey. I am in the process of educating myself with books by Turner and Greene, the podcast, this forum and the BP facebook ...
Kay Doria
Financing options for first time buyer
Just applied for a loan with rocket mortgage. Was only approved for $200K because of a vehicle loan that is apparently hurting my DTI. I have to purchase a home by July and the homes I am finding that fit our reasonab...
Damien Papillo
Property managers and lenders
I have owned my house for 8 years, I bought it for 200k at 21 years old and owe 164k, I was immature and never made any extra payments. Currently it’s listed at 240 on Zillow. I am new to pursuing investing in real es...
Account Closed
Credit score dropped and just looking for insight.
Hey ladies and Gents, I've just paid off a car loan that had a 6 year term. The only thing is I paid it off 4 years early and apparently my credit score dropped from 715 to 712 on Credit Karma. I found out paying it o...
Nathan Unger
Cash Reserves for Future Down payment vs. for Vehicle
We are needing to purchase a vehicle and would also like to purchase a home and/or rental property in the next 18 months (especially if the market dips). I have had several people say take your cash reserves and purch...
Joseph Niedermeyer
Managing debt for optimal investing
Newbie investor. We are looking at all aspects of investing in buy/hold. Living by a budget. Saving money for a deal. Getting our credit scores in good shape. But what do seasoned investors do with none real estate de...
Brian H.
Help with a personal finance discussion between myself and gf.
Hey folks!Ok, so my girlfriend has, at this point, about $45k in her retirement from her job. It is a 403(b) plan from a hospital. She has multiple varieties of debt she wants to pay off to get out from under all th...
Chris Marshall
I need advice
Here is the situation. On one deed lies my house and the rest of my parent in laws property and house. They have a mortgage and I have a 20,000$ loan for the next four years. But I want to take out 150k against my hou...
Ada Tor
Cash vs loan on a used vehicle?
I am looking to upgrade my car, spending about 50K. I have an option to pay cash or take out a loan at 2.99% rate. Which is more preferable?Seems like cash will keep my DTI ratio lower than taking out a loan, but it's...
Larissa Asay
Financing on first primary residence
Me and my husband are looking to purchase our first primary residence. We found a place that, with a little renovation, can have the basement rented out. Originally when shopping for a home we intened to do a conventi...