Eric H.
Help Eric improve his debt-income ratio....PLEASE!!!!!
Greetings BP Fam,I have over 250k in debt (credit cards, mortgage, school loan, car loan) and I’m only bringing in about $400/month. I haven’t had W2 income in over a year and my wife is working part time. My LLC is a...
Robert Miciu
Prioritize Credit or Savings for first home?
Hello my name is Robert and I'm trying to become a real estate investor. I'm 20 years old and just started building my credit with a student credit card. Should I get 1 or 2 more credit cards and just build credit by ...
Joel A.
Where do you park your money? In replace of a savings account.
Ive been trying to figure out where I should keep my savings where I can maximize its growth and am really curious to hear where you think is the better place to do so. I want to keep the money as liquid as possible...
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...
Autumn Rankin
8 unit mobile home park
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $80,000
Cash invested: $30,000
Purchased this 8 lot + 8 home park in November 2019 for $80,000
2 trailers wer...
Christopher G.
hard money loan or save
I am coming into a little bit of money and have a dilemma... I have about 10K coming and debating to pay off credit card balances down to 0 each, as well as a certification, or use that money to invest in a property. ...
Mike Shahi
Rental Property- where to look/invest?
Hi Everyone,Looking to invest in real estate (rental or flip) but I'm facing a couple of challenges-1) I live in DC and own my home. I have about 200k equity in my current home. 2) I have no debt except for my mortgag...
Anthony Ivy
How to get financing for just the closing cost on a deal
This is not a solicitation for financing, I am inquiring about what opportunities exist in the market for deals. I just recently secured a deal to finance a multifamily building with a private lender that is willing ...
Robert Obniski
Best Credit Card during flips?
Hi All,
I have never been a "credit" building type of guy. Through this site and other avenues, I have learned the importance of credit/debt as a tool.I've always paid in cash and never had a great paper trail to bui...
Account Closed
Qualifying for SFR loans
Hello, everybody. I purchased a single family home for $46k here in the Green Bay, WI area a little over a year ago expecting to live there myself. But, I changed my mind and decided to rent it out for $650/mo, which ...