Nicholas B.
Mortgage Underwriting Guidelines & DTI - (@Bill Gulley)
In another thread, @Bill Gulley and I had a brief discussion on underwriting guidelines. Rather than take that thread off topic, I created this one to hopefully further the discussion. The main contention was whether ...
Nicholas Guy
REFI 2018 tax implications.
Hi BP, Im relatively new to your community and trying to soak it all in . I had an idea to refi my house to payoff student loan debt. This would give me a lower interest rate on both and allow me to write off the inte...
Jake Thompson
Pay Off Debt or BRRRR?
Hey BP community, my wife and I are trying to make a decision about how to best deploy our savings. We have about $25,000 in liquid savings, which is enough for us to buy a single family BRRRR deal in our target marke...
Andy Pate
Pay Off Student Loan or Build Safety Net?
I just graduated flight school and I have a school loan because of it. The payments for the loan are deferred for 2 years, but still accrue interest (interest rate is 7.2% and balance is ~$60k). I intend to buy my fir...
James DuBois
Buying Home Before Paying Off Student Loans?
Hey, I was wondering, I'm in the process of 0 balancing all of my credit cards. The only debt I will have after that is about $8500 in student loans(DIRECT UNSUB STAFFORD LOAN), its 3 loans but the highest interest ra...
Chase Davidson
Debt to Income Ratio and Long Distance Investment
All throughout Chiropractic school, I was sharpening my axe to start investing once I graduated. I wanted to start investing early so I can get out of the rat race as fast as possible; ultimately to provide the care f...
Jeff Johnson
How can I break into buy and hold with too much debt
Hello, I currently work 2 full time times (no fun) and make about 180k a year gross. I have about 40k in my 401k (Which I could take 20k out for a loan for a downpayment). My wife didn't work for a over a year and now...
JP Desmet
Pay off student loans before purchasing a rental property?
Hello all,
I am in my final semester of college and have received my first full-time job offer, which will be part-time during my final semester before transitioning to full-time upon graduation. I was planning on ta...
Justin Miest
To save up to buy first property or pay off debt first?
Hello everyone,I've been spending the last 2 Months or so listening to as many BP podcasts as possible and reading recommended real estate books. There is a lot of information to take in so I just wanted to get some i...
Jaleesa Scott
Recommendations on when to start when you have debt.
I recently got a new job that is 86 miles from my current home. I've owned my home for 2 years now and thinking about renting it out and getting a new one closer to work. Including my house i am 700K in debt. I am a v...