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Results (10000)
Hector Garza Seeking Advice on Building Long-Term Financial Wealth: Paying Off Debt vs. Investing
28 June 2023 | 5 replies

Hello everyone,
I've recently made the decision to prioritize building long-term financial wealth for my family. However, I currently find myself in about $100,000 of debt, which includes school loans, car loans, and...

Travis Dillard 16-Unit Class C Apartment Building
30 April 2020 | 3 replies

Investment Info:

Large multi-family (5+ units) buy & hold investment in Goldendale.

Purchase price: $550,000

Cash invested: $40,000


Contributors:
Mitchell England

16-Unit Class C,...

Shawn Thom Debt free or go for it?
30 May 2012 | 8 replies

I will try to make this short and sweet and to the point. I'm not into spilling my guts on the internet, but here goes.

I am looking into getting into real estate investing. My cousin who is very successful is comi...

Atul S. Large Transfer - Pay off debts, or keep it and invest.
22 February 2023 | 12 replies

Hi All, I am a 29 yo male currently employed in a relatively stable job ($100,000/yr). I'm not focused on saving a lot right now and basically, just put money towards my 401k (10%) and am aggressively paying down/off ...

Ryan M. Buy another property vs. improve existing property?
3 April 2014 | 4 replies

I'm interested in feedback on which option to pursue. I have enough cash to either:

Purchase another SFR - or
Improve an existing SFR.

I've run the numbers for both and given my capital ($30k), i...

Joel NA Pay Down Philosophy
20 December 2010 | 13 replies

I have a question about how to handle the cash flow for two of my properties.

One is a four-plex that I'm rehabbing and will hopefully flow nicely. There is little appreciation as it's in a small town where prices ...

Phil Deshay Is it possible to refi with good credit but high DTI ratio
10 June 2020 | 1 reply

I have dealt with a couple of lenders whom have told me initially they could get me refinanced but it came down to the same thing each time, which was everything looks good except my debt to income ratio is high. This...

Michael Osborne Debt to income ratio with investment property?
3 March 2019 | 5 replies

I currently own 3 properties renting for a total of $5100. Applying 75% of the rent as income leaves me at $3,825 in income from these rentals, the mortgage, taxes and insurance come up to $4,550 a month. When calcula...

Sarah Dinsmore Wholesaling Foreclosures
13 October 2009 | 2 replies

Hi, I'm new to BP and I have a strategy question. I know several people who have steady income but might not qualify for conventional loans because of their debt to income ratio (due to high student loan debt and/or ...

Hariharan Elavarasan Loan for Home Renovation?
18 April 2023 | 1 reply

I just bought a duplex that I’m going to househack. I plan on doing smaller jobs like cleaning and painting by myself in the unit I’ll be living in. There is a kitchen that needs redone and an attic that I could finis...