Timothy Ryan
Please Help, Formulating a Creative Finance Gameplan to help Personal Finance
I own a home valued at 400k with 230k on a 30 year fixed FHA. Our debt to income ratio is too high due to student loans and a few credit cards hence the FHA. Also my credit score is not great right now due to some l...
Rachel Murphy
Debt-income ratio too high for loan approval
Hello everyone,I recently got in touch with a mortgage broker so he could run my numbers and tell me what I could afford to purchase. He came back and told me that my debt-income ratio is already at 58% WITHOUT consid...
Jason M.
Personal Finance Advice
I found some similar posts, but I also had some specifics that I would like to try and get cleared up. I am new to investing, in the Denver market, and looking for the right time to buy. I believe that we are about to...
Candace Ellison
Shoudl I sell 2 duplexes with nice equity to pay off debt.
I have two duplexes that have some decent equity in them. Total combined would be about $70k. I started the Dave Ramsey program earlier this year and I am debating on selling them and paying off some personal debt car...
Ryan V.
Bank lending and debt/income ratios
I am looking to get pre approved to purchase more investment property. I would prefer going through a national bank because they offer amortizations up to 30 years, but I am not against going through local banks becau...
Timothy Murphy
Help! Need help with my situation on 1031 exchange
OK this is the situation I’m selling three homes in Oregon and have to move over 1.2 million in a 1031 exchange and have $700,000 in loans. I buy single-family homes in the Memphis area and the average price is about ...
Anita Robinson
Buying an apartment complex
Is it a good idea or bad idea to buy an apartment complex as your first real estate purchase?
Damien Ray
I feel like have reach a glass ceiling😔
If your reading this.....and have any advice please feel free.
I am not sure what I am doing wrong or not doing at all. But there is no single entity that can tell me. So far my wife and I have accumulated 5 propert...
Philip Potosnak
Cash-out Refi on Prop. A Before 1031 Exchanging Properties B,C,D?
Hey BP! My wife @Christina Potosnak and I are in the early stages of performing a 1031 exchange on three SFRs (Properties B,C,D). We have a fourth SFR (Property A) that is paid off that we could tap equity from ~$12...
Aaron Matthews
New to BP - Homeowner looking to invest more in Real Estate
Hello everyone! Excited to be here & excited to learn more/connect with you all. I am a 32 year-old homeowner living here in Southern Ontario Canada with my Wife and 1 year old son. We have been homeowners for 7 y...