My wife and I are split 50/50 on wether or not to pay off all our existing debt such as student loans and auto payments before we take on more debt to invest into real estate, or we begin saving to buy our first renta...
Hey guys,I'm not sure what to do.. I know eliminating my student debt (I have about 19k) would ease some of my anxiety for sure, but is it the smart thing to do? I want to be financially independent in 10 years. I'd l...
I strongly believe whether or not you use debt or don't use debt to buy real estate, it is important to pay off debt that is not related to your RE investments. All of that interest your paying is money that could b...
Just perusing Catalyist and came across a 56 unit garden apartment deal in a solid area and the deal mentions the ability to assume the debt vs the early payoff fee on the current debt. Can anyone elaborate on the spe...
I want to invest in my first property, but I have a significant amount of college loans outstanding. Does anyone have any advice or suggestions related to how I should determine when I should focus on paying down my d...
Hello All,I know this is a very common question, but I'm curious what people will say. We recently sold a duplex that was no longer a good investment and made about 160K off of it. I still have about 50K in student de...
Hi everyone,I'm a big fan and followed a ton of the posts. Right now, I own a multifamily property bringing in 2K cash a month (if I don't live here)...Right now, I live for free and make a few hundred bucks a month.I...
Good morning, and thanks to anyone with the patience to read and respond to my questions! I'm looking to purchase a home in Seattle and am wondering if I purchase a property, how likely or what are the possibilities t...
I currently own one rental and my primary home. I want to make a multi-family move but with my current income/debt ratio I'm not getting enough monthly to make a purchase. I want to explore an FHA Loan for this. Shoul...
Hi,i own 590k on my primary residency and its worth bout 1.5mil. Mortgage is $2500 per month, and we take home after taxes 11k per month. credit score around 750 ficoI have about 250k in debt that its keeping me up at...