Brian H.
Help with a personal finance discussion between myself and gf.
Hey folks!Ok, so my girlfriend has, at this point, about $45k in her retirement from her job. It is a 403(b) plan from a hospital. She has multiple varieties of debt she wants to pay off to get out from under all th...
Ashton Krom
Wholesale start out
Good afternoon everyone!So for starters, thoughts in using wholesale as a way to get out of debt?? Secondly, if wholesale is a good way to start what would be our first steps? Me and my partner are wanting to get sta...
Tyler Northrup
Paying off debt prior to investing
Currently I have a plan to pay off all debt accept my home prior to investing in real estate. I want to focus on Single family homes around $50,000 which I plan on paying cash for.
Basically I would live off of a sin...
Fernando H.
60K to Invest or pay off debts?
Hey guys, I am new to BP, but am very impressed with the amount of experience and knowledge on this forum and its members. I need some financial advice.I have 2 Rental properties where I am owner occupant of one of th...
AJ Wong
When there is blood in the banks buy Real Estate
Isn't it ironic how the one time borrowers got a 'leg up' in the form ridiculously low interest rate mortgages that those same 'assets' are partially what is behind the collapse of several significant US banks and bey...
Erik Jason
Homeowner underwater on mortgage
Hello BP,I'm a novice investor just outside San Antonio, TX. I've found an older couple that needs to sell their house, but their underwater on their mortgage. The house is in very good condition, but they've refinanc...
Gregg Baird
What to do with cash and debt before investing?
Hi, I’m new to REI and Bigger Pockets and learning financial literacy, but I’m not sure how to proceed as I get started. I have my first rental house under contract that I’m paying for with money that we pulled out of...
Chris Seveney
Easiest Predictor Of Losing Money In A Fund
As someone who has worn both hats as a GP and a LP - here is a statistic which to date has had 100% accuracy in determining if the investment will not end up successful.What is it?Having Audited financials completed o...
Mackal Smith
Taking Care of Student Loans
Hey everyone,I haven't provided an update since my last post in November. At that time I asked everyone's opinion on using rental properties to help offset my daughter's student loans. Well, I'm 5 months in and I figu...
Brady Mullen
When Should I Use Debt?
It's undeniable that debt has the power to consume. Anyone who has let credit card debt run amuck can attest to this.
I'm writing this from a place of humility. I have learned some of these lessons the VERY hard wa...