Quincy Baker
Funding First Airbnb Property
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 !!
Isabelle Caggiano
Trying to get started in Real Estate Investment.. in over my head
18 July 2021 | 7 replies
Knocking out that student loan debt will help a lot I'm sure.
Nana Qwequ
Establishing credit worthiness
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.
Milton Johnson
Best Credit Card to Use While House Hacking
19 July 2021 | 2 replies
I have excellent credit and pay off all debt each month.
Matthew Sipes
Good ways to figure out rehab costs
22 July 2021 | 11 replies
So knowing it's all cosmetic eliminates all contractors.
Tom Degroodt
Can I buy my rental from my LLC?
22 July 2021 | 6 replies
But again, that rental should always cover the debt service and make a profit for you.
Justin Tylus
Personal Loan for Down Payment
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.
Aysel P.
Cash or HELOC? A question from a brand new investor.
19 July 2021 | 4 replies
If you use a HELOC on your primary then the HELOC payments will be used with the Debt-to-Income for the new investment.
Cody Mitchell
Househacking in BCS- single family
19 July 2021 | 3 replies
As I’m looking, my main concern is vacancy, since if I can’t get tenants to rent by the room I won’t be eliminating my housing cost.
Jin Kwon
Wanting to expand but feeling stuck
20 July 2021 | 8 replies
Since you are in full time RE now and wanting to put debt on the homes, the outcome of the cash out refi will likely come down to your personal financial statement and income.