All Forum Posts by: David Pearl

I'm looking to connect with a private Lender. I'm a note Investor and looking to scale my business. Please reach out! Thanks!

Hi,

If I want to maintain a healthy DTI for a primary residence conventional loan in a couple years, what should I be aware of, or what strategies must I employ? My current W-2 and rental income(4 duplexes in my name) have me at about 35%DTI, I am about to add another multi-fam property and it would bump my DTI to 46% even though it cash flows $2000...Do people simply start buying in LLCs(DSCR) at this point for this reason?

Any advice appreciated.

Hi all - I'm looking for a lender that can close on or before April 12. The loan is second position, secured by a seasoned, cash flowing, sfr. Hopefully 80% LTV. PM or email if you have a product. Thanks in advance.

I'm looking for financing options for real estate investments with purchase prices of $60,000 or less, or refinancing for properties valued at $75,000-85K or less. Local options I've found have higher interest rates that don't make sense for my investments.

If you have any recommendations for lenders or creative financing strategies that could help me achieve my goals without high interest costs, please reach out.

I need some advice, I am not so much an investor, although this could be the point in which I begin investing, rather, I have a home valued at about $240k that I grew up in and we are currently at a crossroads as a family, where we are looking for the best way in which we can get the equity out of it to leverage both a business Aquisition as well as a new place to call home. 

We have figured out that by renting the home out we can generate enough to cover a loan monthly payment as well as put money back into the rental, keep up with all associated fees and payments, and still have a very good amount ( few hundred) left over. 

I understand this avenue is usually started through an LLC, which can be made, but do I first need to actually rent the place? since we cannot move without first getting a loan, im not sure this would work? we do have a tenant lined up who is happy to share their commitment to moving in.

We thought of first getting just a cash out, however our credit scores within the family might make the cut, but our income comes from a few business ventures and other things that Arnt shown on the last 2 years W-2s, although the last years are not terrible, they are my husbands, and his credit is below 600.

The house is in New Mexico, and is in pretty great shape, with 25 solar panels which are new. My grandmother holds the title currently and is open to any and all ways in which we can make this new dream happen using a home she worked so hard to be something that could help us kids to best survive. 

My business partner is a veteran, and while I thought that might make this an easy process, I think I am simply just overwhelmed by the amount of options and the huge move that this is actually turning into that I am kind of not seeing the best route.

My apologies this post went on so long! I welcome any and all advice or options, and hope that I have not said anything to silly or naive! Thank you all, and hope to find a solution soon! 

Hi, I want to purchase my first investment property and I'm leaning towards seller financing. I've been looking into failed listings and pre-forclosures but a lot of the information is out of date. I was wondering if anyone had any tips on where I should look to find recent information. Im located in between Washington D.C. and Baltimore and also looking for a real estate agent who could possibly help me with the search.

Hello,

Looking for real estate friendly investors, wholesalers and any resources on hard money/private money lenders in Denver area. Trying to get into BRRR strategy and want to find distressed properties that be used as MTR moving forward. Currently have 1 MTR property in Denver area and looking to grow the rental portfolio. Happy to connect! Any information would be helpful on this

While my BiggerPockets profile already showcases my successful track record, I'm excited to share my bigger plans—projects that go beyond what I can support financially alone. I've established a strong back-end team and am in the process of building an in-house construction team. I'm looking for new partners and am offering an attractive profit-sharing arrangement. For the first deal, profits will be split 90/10 in your favor, with the split decreasing by 10% in each subsequent deal until we reach a balanced 50/50 partnership. My goal is to foster genuine, long-term partnerships rather than mere transactional relationships. This is why I'm proposing such favorable terms. If you're interested in a collaborative and profitable venture, let's connect and discuss further!

Hey peeps! I'm looking to refinance a Detroit rental property but the loan amount will likely be under $100k. Any fav lenders that you can recommend?

 Thanks for reaching out!

we have the property under contract and we have about 14 days to find buyer for wholesale transaction but weve also considered trying to get this deal ourselves and doing a fix and flip but we dont have the cash to get it ourselves at the moment, are there any funding solutions that could help us close this deal and do the fix and flip ourselves?