Drew Mylenbusch
My story, what should I do?
Looking to get feedback as to what you would suggest I do, I don't think there is a wrong answer but I just can not decide which route to go. Own my home, have around 40-50k equity.Own 1 rental that cash flows right a...
Nicole Wood
we were Denied....again
well.... we just got denied for another loan...DTI ratio too high for me and my hubby. I'm starting to get discouraged. I wish I would have found this site years ago or read rich dad poor dad. Too many credit cards......
Sara Furlong
Does this plan make sense?! Am I crazy? ;)
Hi, all. New here. My husband and I have major student loan debt: $80K to be exact. We've been coming up with plans to kill it and at first thought we might sell our current house (we'd make approximately $16K), pay o...
Leonard Rybak
To Pay off Student Loan or Not
Hi everybody, I will be receiving a hefty amount in inheritance in the next few months, and I want to have the right mind set coming in. I already own 1 single family LTR and would like to get more. I currently us...
Jacob Hanson
Tenant screening: Debt-to-Income or Rent-to-Income?
It seems like it's most common to use a 33% rent-to-income ratio to screen tenants, but debt-to-income seems like a smarter way to screen tenants to me. A tenant may have a good RTI, while having a poor DTI. Isn't i...
Jackson Tate
Pay down to 80% LTV or pay off 'bad debt'?
Hey BP,I'm currently in the process of selling my primary residence and purchasing a new home closer into town. As of now, I'm using the proceeds from selling my home to put down 10% on the new home.Additionally, I ha...
Christopher John Walker
Best way to work on a 2nd property
Hello allSo, I'm pretty new to all of this, I currently have one house under my belt. I'm working on planning to get my 2nd property would like to get a multi house. With that being said for this first house it was an...
Sarah Hardy
Heloc or Refinance under certain conditions?
Hi BP,
I currently own a home with two mortgages on it. I own the home now but the mortgages are under my parents name and they pay them. One of them is a line of credit and the other is the original mortgage. The to...
Jack Arnold
Save to invest, or get out of debt?
Hi Everyone,I am currently saving with the mind frame of doing a flip to finance a buy and hold and pay off my debt and then continue on with flips and buy and holds after my debt is paid.But..In a recent personal fin...
Trix Contreras
Soon to be debt free, now what?
Hi Everyone,I have about 37k in both subsidized and unsubsidized student loans, and I'm close to 36k on my total investmentsI've decided to pay out all of my student loans by the end of the summer so that I could be f...