Thomas Morlan
Accountant says don't invest! Confused.......
His exact words....'Don't F@#$*&G do it!!!!!!'. I am very confused now. I have been researching/reading books, blogs, podcasts, anything I can find about real estate investing over the last month or so, trying t...
Timothy Chi
Crossroads between paying down debt or saving for a higher down
Hoping to purchase my first property: dupex as a house hack. I have called some local lenders in WA state to get a feel of what I'd get on a mortgage. It seems that many lenders only care about my DTI ratio and not t...
Kyle Curtin
An untraditional DTI question
Hi everyone! I have a question about DTI that is a little different. To give a little insight on my situation, I am 20 years old with a pretty well paying full time HVAC Tech position, as well as working as a Real...
Rafael Abdalla
tapping in to my equity to pay off high interest loans
Hi,i own 590k on my primary residency and its worth bout 1.5mil. Mortgage is $2500 per month, and we take home after taxes 11k per month. credit score around 750 ficoI have about 250k in debt that its keeping me up at...
Mark Stroh
In Denver and new to BiggerPockets
Hello!!Very glad I stumbled upon BiggerPockets this morning! Hoping to get some thoughts about our situation...My wife and I own two single family homes and one condo in the Denver, CO area and are looking to sell th...
Josh Tonecha
Credit Repair
I know this dead horse has been beaten plenty of times, but as stated in my only prior post I am just beginning my investor career. I am finally in a place where Ive been paying all bills on time for 4+ years, my wife...
Porsche Thompson
1st Deal Down, Now What?
Hello BP Family!So I recently purchased my first multifamily property. Its a triplex that I'm currently house hacking. Me and my husband were able to get in with no money down thru our VA loan and we already got the o...
Kest Cousins
Non-recourse loan question
My question is if you are trying to assume a non-recourse loan would you need a sponsor for the net worth or is that up to the bank?
From my understanding a non-recourse loan they (the bank) cannot come back to you p...
Jake Andronico
Is 4 homes enough??
I currently have two house-hacks that I've moved out of and are now full time rentals that cash flow roughly $800-1K per month each. When I started straight out of college, I used to think that I NEEDED 10 houses in 1...
Alexis Jaramillo
Cash out refi good idea or no?
I have a property that I have built a good amount of equity about $150,000 for an estimate. I plan on renting out this property and never selling it. I could take out about $80,000 in a cash out refi and use that mone...