Tatenda Spandhla
Eliminating Unnecessary Debt
Hi,
I just began my journey to eliminate my credit card, car loan and student loan debt. After gathering data my total debt is less than $14K which I will work to be off my books by sping 2021. This unnecessary debt...
Jason Sowell
Elimination of Personal Debt
If you had the ability to pay off your home and only have normal operational bills (utilities, insurance, food, gasoline, etc.) would you do it?
My education tells me to invest, but the conservative side of me tells ...
Austin Collins
Eliminate debt before purchase?
I am in a little bit of a predicament. I have a property I am interested in investing in and it would be my first purchase to get started in real estate. I am really anxious to get started but I have also been told...
Geoffrey S.
Debt elimination a good idea?
I purchased all of my properties on 30 year fixed mortgages (no pre-pay penalty). I've read in many places in the BP forums and elsewhere that I should now aggressively attack the debt I carry with prepayments (debt ...
Patrick Q.
Eliminate Credit Card Debt Quickly Dipped Credit
Hello guys,Recently acquired a 2 family.Tenant should be moving in soon.The process went over budget (more than expected).The result is I am carrying credit card debt.I have a plan to pay it down to zero that will wor...
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. ...
Shafi Noss
Using a HELOC to Eliminate Credit Card Debt
Hi everyone, I am studying for my license, and having trouble with one of the scenarios. It looks like this: __Julie wants to pay off her $5,000 credit card balance now, before she closes on her new home. She takes s...
Giora Sela
Will eliminating old escrow help Debt to Income Ratio?
I was wondering if I had eliminated escrows on my current mortgages will make any difference when applying for a new loan?If my payment is now officially $150 less a month because I paid insurance and taxes directly, ...
Mindy Jensen
BP Money: Eliminating Over $30,000 in Debt w. Rosemarie Groner
The latest episode of The BiggerPockets Money Podcast is now live! Today, we chat with Rosemarie Groner from The Busy Budgeter. Rosemarie Groner was a state trooper—a good, recession-proof position. But chronic disorg...
Russell Welch
Getting started with $200k - what would you do first?
Hello - I am in my early thirties and have now paid off all of my debts and built up about $250k in savings. I am very new to this but I think I’m ready to put about $200k into my first real estate investment. What w...