Hey, if I trade in my (paid off) car and get a new one. Will that affect my chances of qualifying for a mortgage to purchase a rental property because I'm taking on new debt on my credit report? 

Does anybody know how long something stays on your credit report after you've paid it off? I've had a car loan for about 1.5 years. The term of the loan is 60 months but I'm in a position to pay it off completely now....

Hey,

I just graduated college about 1.5 years ago. My trade is engineering but I found that my situation within the past 1.5 year has not changed at all. I have about 60K in school loans, I bought a new car in Janu...

Hi, I'm needing some advice, So my FICO is 715, as I just wanted to see where I stood. I'm wanting to buy a duplex and live in one. However, my mortgage lender says, everything looked good but my car payment, it is ma...

Hello everyone.My name is Casey Hunter I'm 18 years old and currently reside in Wake Forest, NC. I am currently enrolled in a community college taking online courses to receive an associates degree in Network and Secu...

Hi BP!On the city of Chicago site, it states "The ordinance covers most rental properties located in Chicago except units in owner-occupied buildings with six units or less."It seems that the Chicago Residential Landl...

I am considering some duplex properties where I could add value by converting 2 car garages into a 1bd. 1ba. apt. I am in the process of figuring expenses to determine the conversion costs but am having a hard time de...

Hello,  I'm new in the forum, want to start investing in Real Estate. I have a question on what would be the best approach to invest. We have a big house in a growing area in Orlando, FL. Paying out mortgage is not th...

Hello BP team,This morning I have stumbled upon a unique property I want to house hack and would like input on my numbers used. The property appears to work with my conservative figures, but I would appreciate the opi...

Hi Biggerpocket family, here's the situation and I would like to ask if anyone has any suggestions.We made an offer on a house out of state, gone through the inspection and appraisal. On the appraisal report, the livi...