Leon Chappell
Am I selling myself short?
I want to present my financial information and in the end get some advice. I don't want to make another mistake like I did on my first duplex. I make about $66,000 gross a year. Including rental income from one side o...
Christian Clauson
Which would you do If you had 200K?
Hello BP!I am asking this question so I can evaluate the responses and see if one strategy is more favorable than another. If you had 200K to invest in real estate, would you rather buy one property (an upper/middle c...
Nick Donato
Breached Covenant on Commercial Loan
Hello, I have a 12 plex in Colorado Springs and First Bank is handling the loan. They recently said I breached the covenant of the mortgage by not meeting their Debt Coverage Ratio of 1.3 in 2022. Due to this, they ...
Shantana Goerge
Rookie from Lansing, Michigan
I'm finally joining the forum, after listening to the podcast for months :-)I've flirted with the idea of investing in real estate for years now, but was never sure how to integrate it with how strongly I feel about r...
Ayobamibo Afuwape
I have six to $12,000 what can I do to establish monthly income p
Since 2017, I've been trying to establish a passive income. My credit is fair to good. I have six thousand to $12,000, what can I do to establish a reliable source of passive income (I'm in debt by the way and I'm w...
Noel Figueroa
Guidance for beginners
Good morning everyone, so I'm seeking guidance on how I should go about my debt vs beginning to invest in real estate. Currently in 50k debt (carnote, IRS, loans and credit cards). My question I have is should I pay ...
Rich Hupper
paying down a 30 yr fixed mortgage
Hello I know that these loans have predetermined payment schedules for every month of the 30 yr note. My question is what if I make a large principle payment? Will the large principle payment allow my next regular pay...
Account Closed
Financial literacy
I was wondering if anyone could recommend a book or some other resource for gaining some more knowledge about financial analysis or just financial knowledge in general. The calculators here seem like a really good res...
Nick Scalero
Here's how we should have spent the bailout money
Maybe I'm naive but here's how I think we should have spent the first bundle of bailout money.
1) Take a look at each loan in Foreclosure and see what could be done to get them out of that state. (buy down interest r...
Tyler J.
How is everyone getting so many loans?
Hopefully not a stupid question. How is everyone getting there mortgages for rentals? What are they using to qualify you? Good credit obviously.
I guess why I'm asking, I just purchased my first home. I plan on livi...