Seth Eues
New job, relocation, 2nd property, loan qualification question
Hello all,First post here! Thanks in advance for reading!I'm in the process of getting a new job which will require some relocation as it is too far away from my current location. My current property is financed with ...
Vic Vega
Using an LLC. Pros and Cons??
Hey everyone!I'm sure this topic has been discussed many times but I'd like to revisit it now as I'm thinking about creating an LLC for future investment properties. I'm new to buy and hold investing this year so I'm ...
Ro Minerd
Starting out w/ down payments
OK so I'm new and have a one year goal of finally getting into real estate investing. My husband owns our house, and we have around $250k-$300k in equity in our home. We don't plan on being in this house long term but...
Branden Wilkinson
Trouble With Getting Loans
I have two rental properties which has racked up roughly $400,000 in mortgage debt. I never have late payments, my credit score is 730ish and I went to apply for an auto loan but was denied. I have no other debt and h...
Brad Roche
Using a No-Ratio Loan to buy a Primary Residence
What is a no-ratio loan? Much like a DSCR loan for an investment property- a no ratio loan does not look at your Debt-to-income ratio (DTI). They are mainly focused on your credit score and cash reserves. This is a gr...
Johan Zafra
I’ve been studying and learning for about a year... now what?
I’ve made some major mistakes in the short time I’ve been studying real estate investing. The biggest (so far) was putting my money into a “training program” from a guru - who will remain unnamed. Now I’m left restruc...
Dean Klein
HELOC paydown strategy
I've got a HELOC balance of 60k at 5% interest and the monthly payment is 1% of the balance so around $600 a month. Normally when my rent comes in every month, I have 6-7k leftover after my mortgage payments and other...
Lee Roden-Reynolds
Using Real Estate to get out of debt
Hi everyone, I'm new to the biggerpockets website but have followed the podcast for several years. I just got engaged to my fiancé, who graduated college in May and has a considerable amount of debt. How would you use...
Howard Chen
Realty Shares: Debt Deals
Hi all - first time poster here. I've been looking at the debt deals on Realty Shares and had a few questions. I've seen deals where the loan was for a first position lien on a specific piece of property. My underst...
JR M.
Which should we do first? Cash out invesmtnets or HELOC on home?
We have been adding to value to our investment portfolio while our main residence has been appreciating, so now we would like to tap the equity in both. We do not want one to affect the other negatively so which one s...