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BTW this is my first post!I am 22 and have been saving up for my first property, I currently have 23k saved in cash and I am saving $2800 a month that I am adding to that total. I want to buy a single family property ...
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My name is Brady and I just graduated from Penn State this May. I will be moving to NYC in August, and I am eager to start investing in real estate as soon as possible. I have been reading books about real estate si...
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What would you do in this scenario?Investment Property with equity of approximately $75k.Student Loans of approximately $50k (Overall Effective Interest Rate 5.25%)Would you sell the property to pay off the loans, o...
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Hello, I am going to be starting a new job soon with a salary of 50k. I have around 18k in student loan debt. I have around 8k in savings and a credit score of 670. I am trying to start acquiring cash flowing rental ...
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Was wondering what people’s general thoughts were on investing in real estate while paying off student debt. Is this something that should prevent you from taking on more debt to buy your first property?
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Hey BP family. I am currently in a situation where I need to make a decision. I graduated college with 42 k of debt and brought that down to 17 k by aggressively paying monthly, refinanced to 4% int, and getting a new...
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Curious to hear people's thoughts on recourse versus non recourse loans on apartment buildings. Pros/cons, etc. I have a great quote from First Republic but it is recourse. I can't decide if I really care. Only doing ...
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Debt coverage ratio is only for commercial loans correct? It is not a figure I need to be concerned with for purchasing 2-4 unit MF properties? Is the residential loan equivalent the DTI?
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Can anyone shed some light on the new lending regulations surrounding student loan debt or direct me to where I can read the new requirements?My burning question is if my cash out refi app was already in the works can...
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I have tried every which way to get the seller to be creative, but, they just won't budge. I was hoping I could get a credit partner to purchase it and we would do a North American Services Equity Holdilng Landtrust ...