Melissa S.
Bank will not approve
Any thoughts out there?I have a W2 job, greater than 800 credit score and only 2 mortgages. I was looking to get pre approved on a mult family today and the bank will not approve. Im using a HELOC for the down payme...
Stephen E.
Checkbook IRA/ Checkbook 401K: Its is Legal or Illegal
I have known about self direct IRA but not Self Directed 401K and 'Checkbook' IRAs. I wanted to take control of my personal debt and let my IRA benefit from the loan but still maintain tax preference.What circustances...
Charles Clinton
Understanding the differences between equity and debt investing
Every homeowner understands the difference between their mortgage and the equity they have in their home but when it comes to commercial real estate transactions, the difference between equity, preferred equity, mezza...
Michael Hunt
Impact of purchasing investment property before first home
Hello,My partner and I want to get started on rental properties (~$200k, out of state, multi-family), but are also looking to buy our home in the next year or so ($800k+) in SoCal.What kind of impact will having a ren...
Rose Gordon
Freddie Mac financing
Can someone explain how to calculate a 1.25 debt coverage for a 1 million dollar loan and a 10% liquidity. Does it have to be all cash? I am new to this and I am looking at a multi family unit.
Myia Hunter
Investing after paying off debt
I am currently in grad school and when I graduate along with my car loan I will have about $63,000 in debt. Is it better to pay off all my student loans and car loan first then start investing with my own money? I wan...
Michael Ran
?How do I keep growing after hitting debt limit? Calling a veterans!
How do I keep growing after hitting debt limit? Calling a veterans!I'm a young investor who owns 16 SF properties around Houston. I think I have hit my debt limit(atleast till I prove my self to the bank). I have abou...
Benjamin Small
To Pay Down Debt or Finance Future Investments....??
Hello Everyone...Financial matters can be such an emotional decision. I have some cash savings along with a modest investment property and a primary residence. I own both properties outright with no mortgage payments....
Nathan Scott
Getting started in Real Estate
Hey guys, brand new member here! Looking to by my first rental property. Looking into Memphis, TN and Huntsville, Alabama markets. However, I may have a problem. My question is...is it possible for me to get a loan fo...
Akash Sky
How can I prepare myself to get a million dollar loan?
Let me preface this by saying one thing: I don't want to get a million dollar loan right now, but I do want to get a million dollar loan the next time the real estate market corrects itself.That being said, I've decid...