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Results (5704)
Michael King Tax Question for Commercial Line of Credit
9 December 2019 | 3 replies

I'm back again with another tax question for the CPAs here. I'm under contract for a 4 plex for $320K. I don't have the 20% downpayment, so the bank is financing me a $100K commercial line of credit against a rental t...

Angelo Revercomb How do I start?
7 January 2024 | 6 replies

I am writing to seek advice or find a mentor to help me take action towards my goals.
To give you a little background:
I am 23 years old and married with a daughter and another child on the way. Currently, I work a...

Jeff Young Pay off vehicle loan or use money for down payment on rental prop
17 December 2020 | 7 replies

Good evening All,
I'm trying to figure out if it's more beneficial to pay off debt to change the debt to income ratio, or use that cash for a down payment.
Currently I have $4,000 left on my vehicle loan. Would I be...

Gustavo Orozco Lender won't finalize a loan. Options?
26 August 2020 | 8 replies

I've put an offer on a home that was accepted about a month ago. After providing all paperwork the underwriters asked for I'm about 53% debt to income. This was due to the fact that they had my rental as a primary. Af...

Jeremy Robinson Migrating from rental to owning in Utah.
24 February 2016 | 7 replies

Hi all!So I posted before, and I think it's obvious I don't know what I'm doing yet, but I'm trying to change that. Currently I am employed full time and last year made 80k. This made me mad because with that income I...

Derek Loveland Debt Management Strategies
1 March 2019 | 8 replies

Any recommendations regarding information pertaining to debt management? The more I read and listen to, the more I realize there are multiple approaches to debt management. The predominant minset I've carried most my ...

Matthew Lockwood HELOC Loans on investments in the KC metro
18 June 2021 | 14 replies

Looking for a specific bank / credit union that will provide a HELOC on an investment property in the KCMO area.Not having any luck finding anyone that will provide this product.Specifically, I have three properties, ...

Ivan May DSCR refinance 80 or 85% LTV
11 December 2023 | 15 replies

Has anyone worked with DSCR lenders providing this kind of product? I see a lot of 70-75% LTV, but I thought I would ask.Thanks in advance!

Tyler Youtzy Advice on lending
14 April 2023 | 5 replies

Have been in a less than ideal situation, and hoping for some advice that maybe I haven't considered regarding a strategy to use for getting a loan or maybe where to look for different lenders. Happy to provide more d...

Jeremy Jackson If you were a newbie and had $20k, how would you use it?!
20 May 2015 | 20 replies

I'm a newbie. I have $20k set aside.  My original plan was to use it to pay off debt.  Then I decided to get serious about real estate investing, found bigger pockets and learned a little about leveraging money.So for...