Deborah Smith
Opinions please - help my mother!
My mother is planning to retire, and depsite having a CPA daughter and son-in-law, she still believes she knows best when it comes to finances.
So, I am posting this so that perhaps, in your own words, you wo...
Cory Davis
Interesting Financial Situation - Should I Start in Real Estate?
Hi all,
I'm new to the forum. I am interested in getting started in real estate, but I am having second thoughts because of my current financial situation.
I am an emergency medicine resident in Ohio. my financial ...
Alex Silang
Getting a mortgage with 30k W2 income
This is my financial situation:30k incomeRental property (I own):4k monthly rent1.5k/mo PITIWant to buy:350k-400k property4k monthly rentI've used online calculators (for what they're worth) and they say I qualify. Al...
Cassidy Burns
Door or NOI? How are you analyzing?
Hi BP, I see a lot of individuals lately just talking about "doors." How many doors do you have ? It's almost as bad as the "how much do you bench bro," at the gym. . . . . . Isn't the purpose of real estate investin...
Michael Delgado
Paying down debt & improve credit score or just buy a rental prop
Hi all,I am 39 years old and currently living in NYC. I am looking to jump into my first rental property... of course, outside of NYC. I currently have a credit score in the low to mid 6s and have roughly 25k in uns...
Candace Ellison
Shoudl I sell 2 duplexes with nice equity to pay off debt.
I have two duplexes that have some decent equity in them. Total combined would be about $70k. I started the Dave Ramsey program earlier this year and I am debating on selling them and paying off some personal debt car...
Dennis Maynard
Pay of debt or Buy a Cash Flow Property? Question of the Week.
Hey Everybody,Many people face this challenge. Should you pay off debt such as a car, credit card, or student loans first? Or should you take the same money and buy a cash flow income property? What would you do an...
Mikhail Pritsker
Strategic Opportunities in the Current Multifamily Market: Part 1.
Mezzanine Debt and Preferred Equity. Part 1. Executive Summary
The multifamily real estate sector has experienced a sharp rise in distress rates, increasing from 2.6% to 8.4% over the past seven months. This surge c...
Jon Passow
Listing spouses debts and income?
I'm gearing up to get all my financials documented so I can start the process of finding lenders. When it comes to what debt is held, do I only list debt in my name (which would be the house mortgage that's in both my...
Alan Howard
Stuck in neutral because of DTI
Hello BP, I'm a bit stuck as I have about 75K which I was planning to use part for a down payment towards a quad-plex. However, my high debt to income is hampering me from obtaining financing. I've been wracking my br...