We have about $170k in “bad” debt and our DTR is almost 50%. We are about to get $150k in cash from a business sale. Should we pay off debt or invest? I’m thinking pay off enough debt to get us to 30% DTR then invest ...
I have 5 properties: my family residence and 4 rental properties. My banker suggested that I consolidate the loans on these properties into one loan at the estimated current value of all the properties. That way I wil...
Hi All,Which locations are you guys seeing as hot markets for Fix/Flips? Locations with the largest delta between distresses and retail properties? Phoenix AZ inventory is very dry right now....and doesn't allow much ...
Hi
I am a 25 y/o entrepreneur + real estate investor.
House 1: $404K, Mortgage: $225K = Equity: $179K [4.5% interest rate / 30 years]
House 2: $525K, Mortgage: $280K = Equity: $245K [3.5% interest rate / 30 years]
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I've been doing some research on loans and the more I'm finding the less I want to even mess around with it. I've been listening to Brandon Turner's book "Rental Property investing" and just finished all of Ohio's pre...
When is it correct to maximize rental income reported on our SCHEDULE E (Form 1040) for additional mortgage qualifications?For example, an investor already has a few preforming rentals purchased last year. Now that ...
What are some of your predictions for the note industry as we begin 2016?I am gathering up my thoughts about it, but wanted to see what the wider audience here on BP thinks.
Hi,I just found out that part of the requirement to get a commercial loan for an apartment complex is to have a minimum of 5 years experience managing a large multi-family property, or something similar. Is this requi...
Hi BP members, My name is Hugo I currently live in Flower mound, Tx. I'm recently in the transition of liquidating most of my stock portfolio and wanting to allocate most of my capital into real estate. I want to be ...
Is there a particular reason investors don’t take the time to learn both? The stock market and real estate market have some correlation but I posted this in Investor Psychology because of the mind set similarities tha...