Jonah Bosma
Is Buying the Best Option for me?
Hello BiggerPockets members!My name is Jonah I am 22 years old and in the military. In February of 2021 I will be moving from Virginia to Jacksonville Florida for my next duty station, and I will be in Jacksonville Fl...
Mario Morales
I'm at a crossroads: should I refinance now or persevere and pay down another $40,000
Here's my situation: I accumulated credit card debt to finance my last property rehab, which is now rented and generating income. However, I'm burdened with credit card debt, a HELOC, and a personal loan. Despite hold...
Jordy Train
Rate/tweak my savings/debt repayment strategy
Hi all,In August i purchased my first home, and since then I've caught fire on the REI subject line. Never really thought about it before but now I'm hooked. So this house i just bought is now a live-in rehab and I'm ...
Michael Garson
Take out personal loan for deposit and closing?
The question is, if I take a personal loan from my credit union for $20K, 7 years at 11%, would that preclude me from using it for a downpayment, plus closing costs? I plan to season the money for several month's, whi...
Account Closed
Partnering Up
How do you folks structure everything when you have a passive investor invest money to get into a deal? I've read about this, and had relatives with money come up to me, and basically ask me to be their work horse t...
Phil LeNeveu
Getting a mortgage while carrying heavy student debt?!?
So I have a very peculiar situation. I have been at my current job for almost a year (I work at a bank which allows for very favourable rates on mortgages and student loans) but i am currently carrying a decent balanc...
Janessa H.
Too much debt to be approved - always a renter?
Hello!I am very new to Bigger Pockets, but I found my way here because I am very interested in buying multi family housing for profit. Currently, I am 26yo, paying a lot of $$ in rent because I have a lot of student l...
Tony Wooten
Start now or pay down debt
I'm 27 and looking to soon start a career in real estate investing (rentals). I have a job that allows me to pay my bills comfortably and pay down a small portion of my student loans and credit card debt each month...
Cheryl C.
1031 Question
I am planning to sell a property and 1031 in to 3. I currently have a loan on it. It's my understanding that I have to spend all my net, buy properties that, combined, exceed the sale price of my current property, a...
James Bausch
Mortgage Debt Avalanche Calculator
I know I'll get "beat up" here on BP for even suggesting paying everything off :) but I'm at the point where I'm ready to stop scaling (for now) and have everything paid off.I'm really struggling to find an Avalanche ...