Joseph Charles
How much debt is too much
I am a former Dave Ramsey fan who as very warily converted to the Robert Kiyosaki "Good debt" thinking. Had $418,000 in debt five years ago and will be debt free ($28,000 left) in May 2019. After weeks of research I ...
Derek Woods
Credit Inquiries
Hello BP!I am about to close on my second MFR. I have some questions as I am pulling a LOC on the properties etc.I have already located a local bank willing to take a second on my current properties. Hopefully will ...
Axel Lafortune
Negative Cash Flow VS Equity Accumulation & Tax Benefits ?
I'm in a Hot Market with high prices where Cash Flowing properties are rare (Montreal, Canada)
Would you be willing to take a deal with negative cash flow for the first 5 years (2-5K $ per year) if it offers:
Apprec...
Har Dev Singh Khalsa
Debt as leverage or debt as slavery?
Howdy everyone, I’m new to the forum so please forgive any mistakes I am making here. My goal is financial freedom to travel and teach yoga and meditation to as many people and places as possible. I am a mortgage advi...
Lynn Knights
Income Tax Return - Buy or pay on Debts?
Hi everyone, I am new to BiggerPockets and Real Estate. I currently rent. Last year I had my second child but only 3 months into my pregnancy I was placed on bed rest and have yet to return. Living paycheck to paych...
Reed Jeffries
Is bankruptcy my best option?
Hey, this is a throwaway because I feel a bit of shame about my predicament: I’m looking into whether bankruptcy is the best option for me.I am 34, and had accumulated $110,000 of student loan debt and around $15,000 ...
Leo Borges
Pay down loans, or invest in more properties
I Recently sold my primary Residence and moved into another property I had been renting out. I was able to pocket $180,000. I am going back and forth on what I should due with the money. I own a few other propertie...
Ashvin Dewan
Commercial loan refinancing with cash out
Hello all. I am relatively new here, but thought i'd give this a try. I have searched the forums and could not find the answer to my question directly...Basically I wanted to investigate the feasibility of a commercia...
Bryce Cruey
Pay off debt or buy more properties?
My fiance and I are in an interesting situation. We have children in two states and recently purchased our first home together in Minnesota. Our idea was to rehab the home, which we have, and short-term rent it, whic...
Benjamin Pifher
House Hacking with Debt
This is my first post, so sorry if it lacks form.I'm a new real estate investor that just moved into my second property with 2 tenants. I rented out my first one with some cash flow, but my second one I do have to pa...