Timing events in first time home purchase

[TravisRADMD]

When should one shop around for mortgage pre-approvals? How long before expected time frame of purchasing home? Saving for downpayment and wanted to purchase...

[TravisRADMD]

please advise. Much appreciated. Thank you g !!!...

[TravisRADMD]

I've had strong own-occupation disability coverage with Guardian since residency that covers me up to 15k/month claim. I bumped up the coverage with Guardian...

[TravisRADMD]

think the point is being missed. You can divest because of both moral, economic and political issues combined. China with its massive market share is...

[TravisRADMD]

I agree with the general tone of your cynicism but I'm not sure how the current Muslim labor camps in Xianjiang and the destruction of the free state...

[TravisRADMD]

haha, yea forssure. Consumption items are impossible but I don't have to double down with capital. And theoretically if we direct our capital with a little...

[TravisRADMD]

lol, I'll rephrase to ease the disturbed logic. Only half the market cap of the fund is split between all the 1000+ remaining countries on the index making...

[TravisRADMD]

inconsequential was in regards to the other countries included in that index the funds follows....

[TravisRADMD]

Yea, I'd worry that it be nearly impossible...

[TravisRADMD]

I'm setting up my 401K portfolio that for the most part has good options to pick from. The emerging market funds unfortunately track the same index and...

[TravisRADMD]

Thanks. Just started the backdoor for her.

[TravisRADMD]

Ok, I like that answer. However, are there any consequence of doing the Roth contribution indirectly if we don't pull the trigger this year? One thing...

[TravisRADMD]

I'm befuddled. For the 2020 year I will have made too much to contribute to a Roth IRA directly. Easy, I completed a backdoor a couple months ago. My...

[TravisRADMD]

Should tax consequences(in taxable accounts) ever effect your goal of continuously maximizing cash flow at the expense of growth in early career years?...

[TravisRADMD]

Yea, the fees are monstrous and that was probably the fairest structure I came across....

[TravisRADMD]

I totally agree that the asset being a completely speculative play might turn the Roth into garbage can. No income or dividend to protect unfortunately...

[TravisRADMD]

I mean it depends on how you define value. Gold derives its values from different ways. It current rise as a hedge to inflation and low interest rates...

[TravisRADMD]

There's too much capital in bitcoin for belief to have anything to do with it anymore. It's a pretty legitimate asset as this point and the global narrative...

[TravisRADMD]

https://itrustcapital.com/cms/backdoor-roth-ira/

Considering doing a back door into Roth bitcoin IRA? $6000 is less than 10% portfolio contributions...

[TravisRADMD]

By net worth if you mean my overall asset portfolio allocation then yes I agree it makes a difference. If I already had 1 million dollars in some US index...

[TravisRADMD]

I do consider debt a "fixed income equivalent" when held at a low rate with current yields nearly negative. If so I need more risk. I don't...

[TravisRADMD]

I appreciate the simplicity of seeing it as just another utility bill but its too big of an annual liability for me to simply see it as the cost of doing...

[TravisRADMD]

Difference is the interest rate....

[TravisRADMD]

https://www.physicianonfire.com/stud...et-allocation/

Paying down debt technically increases your net wealth at a guaranteed rate....

[TravisRADMD]

Sorry for the spam. I did also post this as a thread under Dr. Dahle's latest blog post but I thought it would be more appropriate as a dedicated forum...

[TravisRADMD]

Thats what I thought but I was a little thrown off from Dr. Dahle's post here he said he keeps the funds in a prime money market fund. I know its very...

[TravisRADMD]

Can the contribution to the traditional IRA remain cash before the transfer to the Roth? I'm maxing out the account in one contribution and will make...

[TravisRADMD]

~1.6X Debt-Income Ratio with a 10 year loan at 3.3%. I am a relatively higher earning doc so the absolute value of the debt seems much more intimidating...

[TravisRADMD]

Do low/no PMI loans for MDs apply to non-owner occupied?

Does the typical 4 mortgage limit at a time include these loans?'

[TravisRADMD]

https://medium.com/@nic__carter/an-i...s-ed7e90be7c0d

Interesting take on value...

[TravisRADMD]

Thank you, understood.

[TravisRADMD]

The guys over at the Money Meets Medicine podcast were discussing bonds.

In regard to portfolio allocation they mentioned that some of them...

[TravisRADMD]

Sorry for the spam but this was not addressed well enough as part of my other post in general investing. (IP= investment plan)

In a recent...

[TravisRADMD]

yup, thank you.

[TravisRADMD]

Understood. Thank you.

[TravisRADMD]

So if its the numerator and denominator then I'm essentially ignoring it completely? Correct?...

[TravisRADMD]

So if its the numerator and denominator then I'm essentially ignoring it completely? Correct? ...

[TravisRADMD]

Sorry for the spam. This question was part of my earlier post labeled "Asset allocation and location" but I thought it deserved it's own po...

[TravisRADMD]

1. 30% savings rate if I include employer contributions, 20% if I don't. Should I include contribution in savings rate or treat as income and base 20%...

[TravisRADMD]

In a recent blog post WCI stated “Our overall asset allocation will be 75% equity investments and 25% fixed-income investments. Investment real estate...

[TravisRADMD]

Finishing training in 6 months. Saving up a sizable amount of income from moonlighting. I do plan on using some of these funds in July 2020 for vacation...

[TravisRADMD]

So I'm going to refinance. I going to do a 10 year fixed refinance for the flexibility in case unexpected expenses arise but I do plan on paying at last...

[TravisRADMD]

I agree. But I also have equity pay down as a back up in addition to speculative market growth. And cash flow after a couple years is positive; just not...

[TravisRADMD]

Not sure I agree with those factors influencing the way I approach a deal too much if the numbers work. If budget allows, my $$$ should be working. I'm...

[TravisRADMD]

I'm looking to purchase a 2-4 unit multifamily investment property in the Orlando region. I would like to live in one of the units for one year, refinance,...

[TravisRADMD]

Thanks Sergio. When I run the numbers I also seem to get total payments for each that are usually within short range of each other plus or minus. I've...

[TravisRADMD]

Thank you. Agreed.

[TravisRADMD]

Thanks for responding. 2:1 is conservative. I have an alternative work model but my salary is still very competitive. I also rather not include moonlighting...

[TravisRADMD]

I think I'm more likely to refinance. That being said I would love to here what Travis has to stay. Do you think its worth ~ 500 to give him the chance...

[TravisRADMD]

Yes, Dr. Dahle. I read that blog post and do know/understand your opinion. I completely agree for the most part but I'm having such a hard time arguing...

[TravisRADMD]

I have an approx 2X debt to income ratio (based off a signed contract to start July 2020).

After listening to Dr. Dahle's most recent podcast...

[TravisRADMD]

I'm just trying to decide if claims based coverage in a contract is a red flag or just something you'll commonly see in the private practice marketplace....

[TravisRADMD]

Just for clarification. I know I said "in the setting of claims based insurance"  but what about in general? Is it more typical for a private radiology...

[TravisRADMD]

What are peoples experience with malpractice coverage when signing to a new group? Is it typical for a private radiology group to not provide tail coverage...

[TravisRADMD]

yea, i understand those metrics. I'm just wondering that if those metrics look good (which is a relative term) than does it matter if the overall market...

[TravisRADMD]

Looking to buy my first residential rental in the Orlando area to start forming a nice stream of cash flow(hopefully) out side my job.  Are residential...

[TravisRADMD]

So they accommodated 50:50 distribution. Half 30 days before and half at start. I need the cash so this was very helpful....

[TravisRADMD]

Is it typical for "signing bonus" to be withheld and not distributed until official start date?

[TravisRADMD]

Hey guys, this is sort of a part 2 to my last question on contract negotiation but I figured for the sake of organization i’ll start a sepereate thread....

[TravisRADMD]

Decided to negotiate the pre-term sheet on my own and just have the contract reviewed only by an attorney. Thank you all.

[TravisRADMD]

Right now I just have a pre-offer term sheet. No red flags but there were some things I didn't fully understand that applied to benefits and growth. It's...

[TravisRADMD]

That's silly! A big point of the third party is to absorb all the potential animosity that might arise out of the negotiation process.

[TravisRADMD]

Does anyone have experience using Dr. Dahle's contraction negation firm recommendations? The guy who wrote the book, Dennis Hursh is charging a fixed...

[TravisRADMD]

I guess I could have worded that better but I believe the benefit to the borrower is that instead of having a set min loan repayment its a dividend tied...

[TravisRADMD]

After reading about some medical schools offering income sharing agreements in addition to standard loans on WCI blog I decided to look further into income...