Lindsay Ferlin
What do I do first? Pay debt, save money, or invest?
Hello! I am a total noobie here. I just started listening to the Bigger Pockets Money Podcast and I am intrigued by this idea of financial independence! I am ready to take a real look at my spending and reduce my mont...
Michael Soukup
Where best to spend the money from the sell of my home.
So I recently just sold my home after a divorce. I plan on buying a condo that I will later rent out. I am wondering if I used some of the money I received from the sell to pay off my debt if that would be financially...
Bill Rapp
The Truth Behind Interest Rate Drops and CRE - What Investors Need to Know!
As interest rate discussions continue to dominate financial headlines, investors in commercial real estate (CRE) and multifamily housing must understand a crucial truth: Interest rate drops alone will not solve the ch...
Paul I.
Question - Debt to Income Help
Hello,
If my business partner and I take a loan out on our LLC (50% ownership) will it show up on my personal DTI?
Appreciate the help.
Thanks...Paul
Gerardo Hernandez
Leverage or Payoff investment properties?
Everyone wants financial independence but the Big question is... Is it better to leverage for cash flow? Or is it better to pay off a house before buying another one? Both get you to the same goal at the end but which...
Norman Perkins
Ok folks, Im frustrated. Please help!
I am reading, studying the market, watching interest rates, basically doing everything I possibly can to get started in this, but I feel like I am spinning my wheels. I apply for an equity loan to use as my down pa...
Benjamin Reemsnyder
Pay Off Debt Vs. Investing
Hello BPers! I have a question regarding debt payoff vs. investing. I currently make a good income with my W2 position, own my home(owe about $178k on the loan), owe about 18k in student loans, and have just recently ...
Corey Gregg
New Member Introduction
My name is Corey Gregg and I am new to real estate investment.
I live in the DFW area and as you can see by the picture I am an avid bass fisherman.
My current real estate goals are to formulate a plan utilizing a...
Christian Johnson
Scared to get started!
About 3 1/2 years ago my then gf, now my wife, and I purchased a real estate course for a total of about $22k. I went to the bootcamp class once, and maybe spoke to ten people after that. I put $1000 in an escrow acco...
Daniel Hart
Subject-to transactions, are you writing off the mortgage interest?
Deed is your name, mortgage is in previous owners name, you've been paying the mortgage, do you write off the interest? My accountant says I can't...