Douglas Whetham
First small business loan questions
We have a warehouse that needs a few repairs. We own the building and property in full, and is appraised for $350,000. The property has been rented continually for 10 years, current rent is $1000 per month with $400 N...
Will Barnett
The rate freeze
What is your opinion?
Personally I think it is a terrible idea. It's just gonna slow the bleeding, at least until rates adjust again and we are back in the same situation. I swear, when I hear Bush promoting it I g...
Mackal Smith
About to Retire and Wondering about existing Commercial Loans
I have done pretty well with my investment portfolio so far. Over the past couple of years I have pulled together 15 units I own by myself in my company name (duplexes, triplex, and 4 plex) and I have another 10 units...
Michinori Kaneko
cashout refi vs HELOC on investment property
Hi all,There was a property i was hoping to perform a BRRRR strategy, but realized rent is not high enough to support mortgage on 75% LTV to yield enough positive cashflow after cashout refi. the cashflow is like $30...
Nash Mittelman
Income stated? Interest only? Any other ideas?
Hi BP! I incorporated last year, and I don't think my personal income will do me any favors for getting financing (meaning it's low). My business generated a fair amount of income, and my rental property might generat...
Tony Shishido
[Investment Opportunity] Which option should I choose?
I’m presented with an opportunity to buy a car that’s worth $26k market value for $10k, $3k down, no interest, repayment whenever.I currently own a 7yr old car w/105k miles that’s worth equal the $3k down. I also have...
Andrew Ellis
TSP Loan for Investing?
I’ve got about $45k in my TSP and had been considering pulling some out via a TSP loan to use as a down payment on a potential flip. I’m not retiring any time soon so I’ve got plenty of time to repay myself, and I’m ...
Ryan Rowe
Pay off current debt OR save a down payment?
Really excited to get into REI, however the one question we can't seem to answer for ourselves is this..
Do we pay off current debt first (credit card, vehicles, student loan etc) or do we keep paying our bills and sa...
Kanwar Sodhi
Goal of $10,000+ monthly passive income while in school
Hello everyone, I am a big fan of the podcast and I've been really motivated recently to get involved. I've lived a mediocre life and I want to secure my future while I'm in school. I want to know, actually I already ...
Juan Pablo Ceballos
401k loan for my down payment?
Hi everyone, I am going to use my 401k to pay for my down payment, I would like to know if this method is fine? Thanks.