cash-out refi

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    #270: Ask Paula – Buy a Home, Buy Investments, or Pay Off Debt? How Do I Decide?

    ByPaula Pant
    [smart_track_player url="https://traffic.libsyn.com/secure/paulaandjaymoney/AA270.mp3" title="Ask Paula - Buy a Home, Buy Investments, or Pay Off Debt? How Do I Decide?" artist="Paula Pant" social="true" social_twitter="true" social_facebook="true" social_gplus="true" social_linkedin="true" social_stumble="true" social_pinterest="true" social_email="true" ]

    Briana and her husband want to buy a home, but they don’t have enough saved for a downpayment. They also have student loan debt and a car loan. Which should they prioritize?

    Javier is sick of being in debt. What can he do to put himself in a better situation?

    Tracie wants to buy her first rental property, but she has student loans and a car loan to pay off. If she receives $20,000 from a cash-out refi, how should she use this money?

    Vanitha wants to start a non-profit organization in memory of her uncle. She wants to know: what does this process look like?

    Margie went under contract on a primary residence listed as a six-bedroom property. She found out that, legally, it’s a four-bedroom home. Should she re-negotiate the price, or ask for credits at closing?

    I answer these questions in today’s episode. Enjoy!

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    #266: Ask Paula – Your Real Estate Questions, Answered

    ByPaula Pant
    [smart_track_player url="https://traffic.libsyn.com/secure/paulaandjaymoney/AA266.mp3" title="Ask Paula - Your Real Estate Questions, Answered" artist="Paula Pant" social="true" social_twitter="true" social_facebook="true" social_gplus="true" social_linkedin="true" social_stumble="true" social_pinterest="true" social_email="true" ]

    Ali is a travel nurse and wants to get into real estate investing. Should she buy a duplex that needs fixing up or a cheaper apartment that’s rent-ready?

    Max is torn between investing in a rental property or taking advantage of a mega backdoor Roth 401k through his company. Which is the better option?

    Paul’s parents own a property worth $100,000, and they owe $80,000 on the mortgage. If he wants to buy this property from them, how should he do it?

    Kate and her husband own a townhome that has appreciated substantially, but they need a bigger house. They’re wondering: is it wise to keep it, rent it out, and use a cash-out refinance as a downpayment on their next property?

    I answer these questions on today’s episode. Enjoy!

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    #258: Ask Paula – Can I Quit My Job Before I’m Financially Independent?

    ByPaula Pant
    [smart_track_player url="https://traffic.libsyn.com/paulaandjaymoney/AA258.mp3" title="Ask Paula: Can I Quit My Job Before I'm Financially Independent?" artist="Paula Pant" social="true" social_twitter="true" social_facebook="true" social_gplus="true" social_linkedin="true" social_stumble="true" social_pinterest="true" social_email="true" ]

    “Burned Out in Boston” wants to reach financial independence.

    But she’s not sure she can stick it out in Boston much longer.

    She and her husband want to move to an area that doesn’t have many job prospects, and they want to make this leap soon, ideally before they reach FI. How do they know when it’s the right time to jump ship to their dream location?

    Ingrid and her husband own two rentals. They’re torn between paying one of their rentals off or buying more properties. Which is the better route to take?

    Pat is torn: should she convert her garage into an accessory dwelling unit, or use funds to buy an out-of-state rental property?

    Chelsea wants to know: what should you do if your newly purchased home is an instant money pit?

    Julia wants to know how to approach investing in sector-specific index funds, like utility ETFs. Should they be a small or large portion of your portfolio?

    I answer these five questions in today’s episode. Enjoy!

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    #148: Ask Paula – Should I Sell My House and Invest the Equity?

    ByPaula Pant

    Welcome to a special episode of Ask Paula! Today I’m answering questions about real estate investing, and I’ve brought a special guest on the show to join me. His name is Lucas Hall, and he’s a landlord with 5 properties in three locations (D.C., Virginia and Colorado). He’s also the founder of Landlordology and head…

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    #84: Ask Paula – No, Really, I’m Asking for a Friend! — How to Crush $500,000 in Debt

    ByPaula Pant

    This week, I tackle your questions with my good friend, recovering financial planner Joe Saul-Sehy. Here’s what we answer: 1. I’m asking for a friend — no, really, I’m asking for a friend! My friends are married and buried. They’re a married couple, buried in $500,000 of debt. Some is federal student loans, some is…