Enkhmanlai Enkhbaatar
Got 30k worth gold and silver but i have about 30k credit debt
Hi everyone just need some advice. I bought house last year with fha loan and i fixing it and want to rent it out this year. I have 30k worth gold and silver but i also have 30k worth of credit card debt. 12k is on 1 ...
Jason Sebastian
New member salute and Brandon Turner is my new best friend
My name is Jason, my wife and I have 3 kids and live in Rural Idaho. I have been interested in real estate ever since I read Rich Dad Poor Dad and bought the Carlton Sheets training material when I was 19...I think th...
Eddie Ziv
CC companies keep running havoc!
Seems to be prompted by the good intended consumer protection law, the credit companies keep raising interest rate like it was 1979... I just received a letter from Shitibank that they raising my credit card interest ...
Alexis Hershberger
What Credit Card should I pay off first?
My name is Alexis and I'm a 24 year old living in Indiana. I am new to Bigger Pockets but excited to be entering the world of real estate investing!
I have some financial goals I want to achieve first before I sta...
Dino Cardamone
Best way to invest $10,000.00 (Turnkey, REIT, Crowdfunding)?
Hello fellow BP friends,I'm awaiting to receive a work back pay of approximately $10,000.00 (CAD) in the near future. I'm just seeking out some recommendations on how and where to best park the money to get the Maxim...
Han Qing Zhang
How to get a business loan if we are young company?
My friends and I formed a company 1.5 years ago and started flipping in Seattle Area. We have track records of success and now seeking for working capital for more upcoming project. Is our company too young for a busi...
Account Closed
Cash Out Refinance to 10% equity?
I own a $300k home that’s approaching 20% equity. I am considering taking a HELO out to effectively drop my equity to 10% and give me $30k to purchase an investment property at 10% down. I have come across a strategy ...
Account Closed
New credit report rules require 30 months of payment history
Just saw this story here: http://bit.ly/2d6Px2RThe gist of it is that beginning tomorrow Saturday 9/24/16 lenders will now consider a mortgage applicant's payment history over 30 months to determine their credit worth...
Jake Beauchamp
Long-Distance Real Estate Investing: Debt to Income (DTI)
Hi, in David Greene’s book Long-Distance Real Estate Investing, he talks about what banks look for in borrowers as far as debt-to-income ratio and mentions, “Most banks don’t want a DTI higher than 3-6 percent.” Other...
Zachary Giles
Should I get out of debt before investing?
My wife and I are split 50/50 on wether or not to pay off all our existing debt such as student loans and auto payments before we take on more debt to invest into real estate, or we begin saving to buy our first renta...