Hi everybody! I was introduced to Bigger Pockets 2 years ago when I first was thinking about financial freedom and passive income through Real Estate, but shifted my focus on getting our foundation right (get rid of d...
I've been looking over various personal financial statement templates and one thing confuses me. If I own real estate wholly or in partnership in the form of an LLC or a corporation, how do I list this on a PFS? Is ...
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...
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...
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...
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
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...
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...
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 ...
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...