Michelle Burgstaler
Refinance to pay off credit card debt - what's the best option?
I’m hoping someone can give me some sound advice. I have $24m in credit card debt, my husband has $0. I am trying to figure out the best option for eliminating the CC debt, plus having a little left over to help our s...
Jordan Coates
I'm TERRIFIED to over-leverage
I'm worried about over-leveraging myself on my properties. My wife and I have our primary residence and a rental property (that we have owned for about 4 months). I'm thinking about using $20K of the $80k equity in m...
Joseph Beazley
Paying off any sort of loans before investing?
I am currently working and saving money for my first real estate investment. I was curious, if you have say an auto loan or maybe some debt in a credit cards. Is it wise to have all that paid off before investing in r...
Sean Pour
Applicant with Massive Student Loan
My applicants are partners, currently living in a one bedroom apartment with about $2,000 monthly rent. They are applying for my 2BD condo with monthly rent of $2,200. One applicant (She) is making a good salary (x3.8...
RJ Reynolds
Six months to success
Decades have passed since my first and tragically flawed foray into Real Estate Investment. That and my subsequent experience as a Real Estate Agent is a foundation for a new initiative, a new result and an outstandin...
Benjamin Tighe
Personal Finance Book Recomendations
My brother has a birthday coming up. He lives in Denver (go Broncos!!) and is currently a student. They both work and his wife currently makes a good living. They are in the process of fixing their credit. They have s...
Juan Jimenez
Desperately Motivated !
Hey BP family, I’ll try and make this as brief as possible. I’ve been reading, learning, listening, all that I can do from: wholesaling, flipping, BRRRR’ing, you name it! I work for a mortgage lender, I decided to get...
Nick DiFinzio
How would you invest $100k?
Hey everyone. I have recently decided to start investing in RE in the PA market, ultimate goal is to achieve Financial freedom in 10years by way of rental income. Ironically, the same week I started looking at small-m...
Kimberly H.
Debt coverage ration (DCR), tax returns, and commerical loans
I understand that DCRs need to be 1.25 and above for commercial loans, but what source do lenders use to compute those numbers? Tax returns? Just most recent or 2 years worth? Do they ignore depreciation as it appears...
Ian Hutton
Pay off primary property or investment property first?
Hey BP I’m debating about paying off my investment home first or primary property first. (A little background) Our primary home has a balance of $327,000 at 2.9% interest While our investment home has a balance of $88...