21 July 2021 | 13 replies
Suppose the member who owes the debt is a member in five LLC's.
19 July 2021 | 12 replies
Or if you all think I'm completely wrong and just paying down debt and holding (what I believe is) post tax money in the operating account is just peachy.
20 July 2021 | 7 replies
Residential only if you have the DTI to handle a million in debt.
25 July 2021 | 7 replies
That is a LOT of money to repay debt You can use hard money to secure it, and then refi out with a bank !!
18 July 2021 | 7 replies
Knocking out that student loan debt will help a lot I'm sure.
19 July 2021 | 6 replies
@Nana QwequBanks also consider other factors like the debt coverage ratio depending on the type of loan or the type of property you’re trying to buy.
19 July 2021 | 2 replies
I have excellent credit and pay off all debt each month.
22 July 2021 | 11 replies
So knowing it's all cosmetic eliminates all contractors.
22 July 2021 | 6 replies
But again, that rental should always cover the debt service and make a profit for you.
19 July 2021 | 5 replies
Also the new loan will be counted against your debt-to-income ratio so if you're already close it could send you over the threshold.