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Results (10000)
Tony Wooten Start now or pay down debt
23 October 2013 | 5 replies

I'm 27 and looking to soon start a career in real estate investing (rentals). I have a job that allows me to pay my bills comfortably and pay down a small portion of my student loans and credit card debt each month...

Paul Eddy I’ve had a hard time with financing
20 February 2022 | 8 replies

So I’m a new investor and just closed on my second STR property. The problem I’m having is that I carry a high credit card debt and had to get a co-signer for this property and almost didn’t make it. Does it make sens...

Henry Le Buy and hold without a credit score?
5 September 2014 | 24 replies

Hello BP community,Is it possible to obtain conventional financing from banks without a credit score?  I heard of manual underwriting, but from my research, you have to jump through hoops and most banks don't offer it...

Josh Hollman Strategy to obtain 2nd rental & rid of cc debt
1 October 2024 | 10 replies

Hello all, good day! May I have suggestions with my scenario. Was out of work for 9 months and also during that time my father had passed. I accumulated about 50k in bills/expenses on cards during that time  and anoth...

Grant Rogers Eager Future Investor
2 July 2024 | 15 replies

Hi! I’ve been listening to bigger pockets podcasts for a long time while getting out of bad consumer debt. Now that I’ve ditched the car loan and the credit card debt, I’m ready to become an investor. Hopefully I’m le...

Aaron Frances Cash out refinance to pay off credit cards
22 November 2020 | 10 replies

Hi Everyone,
I converted my 2-flat apartment building into a legal 3-flat using a cashout.
Appraised at $425k, new mortgage at $2330 at 4.35% currently owe $305K now.
Property may conservatively appraise at $525...

Pete Storseth DTI vs Credit score
28 March 2020 | 12 replies

Credit score 710. DTI high. Income low. Hey guys, here's my question. I'm trying to lower my DTI by paying off one of my loans early and another credit card. But I still have two cards left I cant pay off yet. I will ...

Justin Hennig Does a HELOC affect debt/income when applying for conventional loans?
25 June 2015 | 6 replies

Considering a HELOC on primary residence for further real estate investment purposes...would this affect a conventional property loan application since it is "secured debt" or mostly just affect credit scores?Any help...

Kelly Moniz Experienced investor looking for advice on next move.
21 September 2018 | 8 replies

I have been investing in realesate since 2011. Here is a quick run down on my current situation. My father has been my 50/50 partner since day one. We buy severly distressed properties, do all the work ourselves, and ...

David G Vreeland Good Versus Bad Debt (% and Type)
6 August 2020 | 3 replies

I am trying to identify what should be considered good debt versus bad debt.  I gave my specific situation below and would appreciate thoughts and tips on my current situation and at what interest rate borrowing funds...