Dyami Pike
Does my business impact my DTI ratio
I'm looking to buy my first investment property and I had a question. I own 40% of an LLC. Do the debts incurred by the business impact my DTI or are they viewed as a separate debt?
John Friendas
LLC Mortgage Under Partner Instead of Me
Hey,My investing partner and I have reached an agreement where he would have the debt under his name and apply for it individually, and I would do the majority of the management (he is out of state and my income is ha...
Bryan Clement
Multiple cash flow streams
Hey, so my wife and I are having a discussion about what is more important. We are swimming in debt, but we are swimming quite well. I want to build up multiple cash flow streams by sending a lot of money to investmen...
Nicole Heasley Beitenman
Pay off debt or invest?
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...
Brady Mullen
When Should I Use Debt?
It's undeniable that debt has the power to consume. Anyone who has let credit card debt run amuck can attest to this.
I'm writing this from a place of humility. I have learned some of these lessons the VERY hard wa...
Paul Farley
What would you do in this situation?
I am not into real estate yet. I am still doing research. I am also a beginner in investing. I have some small investment accounts.I have 30k in student loan debts, a car loan and mortgage.If you had 40k to either inv...
Cole Baker
What is DSCR at Purchase?
I am confused with what "DSCR at purchase" is. Does this not include the construction loan ?
For example, when the DSCR is 3.00x and the Loan to Purchase is 68% , does this mean that NOI is 3.00 x the debt from a lo...
Joseph Scorese
Key Differences Between DSCR & Cap Rate that a Real Estate Investor Should Know
As a real estate investor, understanding both the Debt Service Coverage Ratio (DSCR) and Capitalization Rate (Cap Rate) is crucial because they serve different purposes in evaluating and financing investment propertie...
Drew A Roque
Pay off student loan right now... or buy first property?
Hello Everybody!
My name is Drew Roqué, 22 years old, and I am aspiring to be financially independent! I graduated from a Maritime Academy with a 3rd Mate’s License and I am now working for a shipping company. To mak...
Bill Regan
Pay off Student Loan prior to Mortgage app?
Hi. I've got about $3,000 left to go on my student loan, with a payment of $156/month. I'm going to be applying for an FHA mortgage in July. Only other debt is a car loan of $200/month, credit over 750.Wondering if...