I have some credit card debt and I'm wondering should I try to clean it up first.
Hey everyone, my wife and I are listing our first rental and are processing applications from prospective tenants. When do you see an applicant's credit card debt becoming an issue/red flag? The rent is 1900/month, th...
I have credit card debt that I'm desperately trying to pay off. I have a full and part time job but, it still feels like I can't catch up. I was debating about giving a certain credit repair company (I would name it b...
Hey BiggerPockets! I’m trying to help a friend with $20,000 in credit card debt, avg interest over 18%. What are some good options to pay it down? Transfer to 0%/15 month credit card? personal loan? What are some ways...
DTI is calculated by adding up all of your monthly bills and dividing it by your monthly income before taxes, then, multiplying it times 100. For example, (2000 ÷ 7000) x 100= 28.6%. Knowing this will give you a bette...
I am looking for some down payment seed money to expand my real estate rental property holdings. I currently only have 2 rental properties (I have had a total of 5 over the last 12 years so I am small time, but somew...
Hello, thank you for some sound advise. I'm recently divorced and trying to rebuild my personal and financial life. I need to payoff my credit card debt as it holds the key for me to be able to invest in RE. I'm finan...
Happy to say that I finally got out of credit card debt. Nothing related to real estate, but it is a step closer for me putting more money away for a down payment! So happy for myself! next are those student loans!
Hello, I have about 7k in credit card debt and car payments that I’ll be paying for at least the next 5 years. 😔My plan is to start RE investing before I retire from the army in the next 5 to 7 years but not before I ...
DEBT TO RATIO is holding me back enough for banks to say NO everytime i get to the underwriter part. Truly stinks and a waste of time for everyone..If anyone with same experience can give me tips or advise id truly ap...