Jon Wimmer
To-be investor looking for starting out advice
Hey BP!My name is Jon and I have been lurking around the site for about half a year now. I got interested in investing in general after basically googling "how do people get rich" I think haha. That led me to real est...
Kelly Beck
Bankruptcy - Mortgage paid off, Debt is less than Offer
Does anyone have experience purchasing a property where the mortgage is paid off and the seller is going through bankruptcy, needing to sell the house to pay off the debt? This is in North Carolina.
The seller wants ...
Abner Gomez
First deal in real estate
My wIfe and I have 100k in equity in our house should I use an home equity loan to get in to real estate? Because we have 24k in debt or should I wait to pay my debt first? and then sell the house since we need a bigg...
Amanda Anderly
HELOC or Cashing Out
Hello Bigger Pockets Community,I am a newbie just starting to get my feet wet in the investing world. My father passed away about a year ago and I bought out my sister's half of the house and renovated it. The house i...
Shiloh Lundahl
I LOVE Debt!
I hear a lot of people who hate debt. But I love to use debt to build wealth! I view debt the same as I view a fire. Fire can burn down your house, but it can also heat your water, cook your food, heat your home, and...
Dominick Dahmen
Best loan providers for MHPs
Hey everyone,Who do you use to fund your Mobile Home Park purchases?
Tracy Humphreys
credit repair after a short sale...
Hi,
I know someone who is through a short sale, as a result, his credit went from 750 to now 540. He is concerned with what's going to happen with his credit when the short sale is over.
Other than the foreclosure ...
Edward Wiener
Mortgage after a bankruptcy
Hi, I live in Toronto. I went bankrupt a year before and I had to work hard to restore the credit over 700. Now I want to finance our new home, is it hopeless to get a better rate?Can anyone please advise on how to ge...
Vladimir Oursou
Refinancing my current home
Hi everyone I’m new to real estate investing and I was wondering if it would be smart to do a cash-out-refinance my current home I live to but a duplex to start BRRRRing or if I should take out an equity loan and star...
Clinton Davis
Debt to income question.
2 questions now that I have you here.I have bought 2 houses using owner financing this year to add to my small portfolio. Do I need to include the note payment for the houses on my debt to income ratio? My guess is ...