Micah Uveges
Business Credit Cards
Is it a good idea to have a solid business credit card? I don't have any consumer debt and got rid of all my credit cards a few years ago when I was going all-in for debt payoff. But now that I'm approaching purchasin...
Jackie Comitino
Eliminate debt or focus on saving capital?
Overthinking about overthinking. Newbie here and planning on learning, reading, practice analyzing and just getting myself as educated as I can before I make any first moves. But my questions is regarding priorities. ...
Theodore Tasoulas
Exit strategy issue - to cash out or not to cash out
Hello BP!
We have a 4 unit with an exit strategy issue. 3 of 4 units were renovated—doubling rents and bringing to market rate, but we now have 30k in debt that we want to remove from our ledger. The appraisal is sto...
Pafoua Vang Xiong
To pay down the credit cards or not???
This is always a big question. But I need a refresher. I gave some money stashed, should I pay off off the credit cards? Or since my credit is decent, just continue as I have been…investing in real estate.
Ricardo S.
Pay off credit cards or buy a 3 family in July?
Hey BP!,Since graduating I found myself anxious to get into real estate asap! I keep reading all these success stores and I feel I am ready but the only thing holding me back is thinking should I get out of debt first...
Zac Starr
Keep Renting or cash out? HELP
I have a 1972 1500sq ft Mobil home on a 0.4 acre lot. I own both free and clear and am currently collecting $1350/no rent ($1270 after PM fee). My concern is , I have a credit card that has a $30,000 balance with the ...
Lynelle Livesay
What Should I Prioritize?
Hi all. My husband and I are newbies, and we need some help prioritizing goals according to where we’re at in our REI journey. We want to buy and hold.Quick version:-We currently have one property in Denver we rent ou...
Robert Smith
Low Credit Score - High Debt - No Late Payments For 4 Years?
I have an applicant who has a credit score of 650, $97,000+ in debt ($53,000+ in credit card debt, and $42,000+ in auto loan debt), but has not been late on a payment in 4 years according to his credit report.He claim...
Scott Pennington
Sell my rental property to pay off CC debt
Should I sell my rental property to pay off CC debt or get an equity loan and have the tenants pay the loan?
Tom Server
I need some assistance , Not sure what to do, need money from my equity
I’m looking for advice on the best way to access about $100k to pay off my 401k loan, credit card debt, and cover some rehab costs.Here the information- I purchased 2 properties last year, 1 is a rental property that...