When we set up auto pay for business credit card, should we use 1) personal bank account or 2) business checking account to make a payment from accounting or tax perspective? Which one is preferred or it doesn't matter?
I have $30,000 out on a HELOC that I used toward an investment property. It has a 6.78% interest rate, and I believe I could probably pay it off in 12-15 months. At that interest rate, I'm paying about $170 per month ...
I found myself in around $35,000 of debt and every penny I earned just paid interest on my credit cards, forcing me to start borrowing to live each month. It began almost as soon as I turned 18 when I received a pre-a...
Hi all! I am close to purchasing a property in upstate New York with a friend. We are planning on employing the BRRRR strategy and want to outline what our plan is for generating capital for the down payment of our ne...
Hi my name is Banita. I am trying to start my investing career in real estate. I would like to know how to start. I tried buying a house on a contract of deed and it fell through. I gave a down payment of $1000 and th...
Hi. I'm from the Philippines and would like to ask how most of you build your credit in bank(s) or other lending institutions. And regarding refinancing, how does it work? Thanks.
On 9/3/15, I was approved by Quicken Loans for a FHA refinance cash out. I purchased this home 8 years ago for $68,000 and now owe $61,000. The house was just appraised for $116,000 I was initially approved with Quic...
Hello all! Me and my family currently live in a single family with a debt of $50k left of mortgage, if we sell the home we can lock in a good 150K sale price since the market in my area has gone up really well. Im her...
Hello all,
What are your thoughts on this:
Our primary residence is currently worth approx $250k.
We currently owe $170k.
We are looking to explore the option of using a home equity line of credit to fund our ...
A friend recently introduced me to this "debt shredder" product, which they claim will do things like automatically structure your debt repayments (such as a mortgage) in such a way as to decrease total interest you e...