Lauren Bennett
Any success stories of paying off debts?
Hey guys!I’m a writer and I’m currently working on an article about how to pay off debt, while on a low income. Just wondered if anyone wanted to share their success stories with paying off debts?Include what you did ...
Zachary C.
Loan Payoff Efficiency
So, let’s say I am considering the topic and idea of the prioritization of paying off loans.To me, it only makes sense to consider the principle of the question for the initial prioritized list. I believe that conside...
Kerry M.
I am the only debtor to my LLC. How can I deduct debt repayment if I dissolve the LLC but continue the business?
We are seeking a first mortgage from a local bank for our 4-plex. We had renovated it since purchase. The loan has to have the property titled in our names, not the name of the LLC. How do we account for the deb...
Ryan Hazelwood
Question about paying low interest debt vs saving for rental
Newbie here. Both my wife and I have steady jobs and extra cash each month. We’ve been aggressively paying off our student loan debt while investing the minimum to get our companies match. We don’t own a home and pay...
Brandon Cormier
Looking for financial advise before getting into my first RE deal
So I know there are many Dave Ramsey fans in here, and I am currently using the debt snowball to attack my debt and since August I have been able to take out 17/33k debt. After my next credit card of 5.5k, I will have...
Juan David Maldonado
Good idea trade in and purchase new car?
Hey, if I trade in my (paid off) car and get a new one. Will that affect my chances of qualifying for a mortgage to purchase a rental property because I'm taking on new debt on my credit report?
Anthony Aragona
Do I need to eliminate my debt before beginning my RE career?
I’m really looking to begin my journey into real estate but I’m unsure if my own personal finance situation needs to be addressed before getting off the ground. I’m married with 2 small children. My wife and I both ma...
JD Peterson
Advice Please: Debt Consolidation Using Equity - YES/NO?
Thank you in advance for your help! I'm trying to figure out, big picture, if this is worth it and I would DEEPLY appreciate the advice of people who have been working with real estate (investors, financial planners/i...
Willy A German
Should I pay my bad debts before house hacking ?
Hi my name is Willy German I am interested in becoming a real state investor in the tri-state area. I have two personal loans with a total of $15,000. However i would like to know if i should pay of this debt before i...
Gregory McKinley
Multi family Repairs
Here are a couple of questions. 1. What formula do you use for calculating Interior Improvements that will be factored into the Agency debt for multifamily units? 2. What formula do you use for calculating repairs and...