I have $14,600 available to either pay off a 9% interest rate personal loan or put as a DPymt on our 1st property. Currently our Debt to Income ratio is just over the limit to qualify for an FHA loan. We dont have acc...
Good morning everyone! I've recently started the venture of real estate where I'm looking to buy a multi-family property to avoid paying a $1,350 monthly rent I've been paying for 1 year. To me it's time to move on a...
Hello everyone! Recently, I stumbled across BP while googling "save cash for future down payment or pay down current mortgage?" While searching for an answer to my conundrum above, I started to learn simple vocabula...
I am a big Dave Ramsey fan, and I have been for years. I am debt free, except for my house and intent to stay that way. Well, at least I intended to stay that way. I recently read Rich Dad, Poor Dad. Robert Kiyosaki's...
I have been looking for a private lender and have an acquaintance interested. However, rather than be a lender at 8-10% interest for short-term loan, he wants to be a 50/50 equity partner. Is this common? I am look...
I'm analyzing a deal in Austin, TX that I would be buying all cash. I plan on holding long term and need some help. After putting the numbers in the calculator my monthly cash flow will be $700/mo. However the CoC ROI...
Hey BP i just have a quick question I am about 6,700 in CC debt I also made a mistake and took out an installment loan with upgrade for 4,000 monthly payment is about 178.00 for about 18 more months left on payments. ...
Hello all,Reaching out to see if anybody has any hacks for getting credit card debt paid down/off, sooner/cheaper.The debt was planned/strategic to get me into my first houshack (and has worked).I have a plan to pay i...
How would I be able to save paychecks when we need grocies, something I buy on the weekly, and buy things I want but dont need? Like candy, junk food, etc. I dont have full control on where my money goes when it comes...