All Forum Posts by: Robin Simon

This calculation has probably now changed this year (versus a few years ago) when these services started cracking down on "sharing" which would affect STRs - I think its a big value-add to provide now versus in the past because of this

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Quote from @Jonathan Greene:

To me, cash only is just cash. Second to cash in the bank is HELOC cash because you can use it however you want (you just have to see it already in an account). The reason hard money is not cash (although some think it is) is because there is still an appraisal attached to it. Anything that has a contingency is not cash.

Listings here will say cash, hard money, or 203k only if they want all three. Best practice is to ask them if they consider hard money cash.

There are lots of hard money options (or maybe not "lots" but not too uncommon) with no appraisal required - that makes the offer equivalent to cash (closing within a couple days and no appraisal contingency - its out there)

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Welcome! Have you been to any of the meetup events here in Austin yet?

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Austin, Texas

nice work, congrats!

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Welcome to BP - what strategy are you looking to pursue for your first real estate investment?

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Westchester County, New York

congrats!

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Quote from @Elizabeth Gullickson:

My name is Elizabeth, and I’m new to the exciting world of real estate investing. With a background in residential real estate, I’m eager to expand my knowledge and build connections in the industry.

I’m especially interested in networking with like-minded professionals who are passionate about creating value through real estate. Whether you’re an experienced investor or just starting out like me, I’d love to connect, share insights, and explore opportunities to collaborate.

Please feel free to reach out if you’d like to chat or connect further. I’m always open to learning and building strong, mutually beneficial relationships in this space.

Looking forward to hearing from you!

Welcome! what type of real estate investing strategy(ies) are you interested in / looking at? Georgia/ATL market?

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Atlanta, Georgia

Also recommend the BP Find A Lender Tool - can sort by state and type of loan needed (DSCR)

https://www.biggerpockets.com/business/finder/lenders

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Baton Rouge, Louisiana

Check out this 12-Part Series published here on BP all about DSCR Loans here in one place!

BP-Published DSCR Guide!

DSCR Loans: What Are They And How To Get The Best Terms

https://www.biggerpockets.com/...

DSCR Loans: How To Use Pro Strategies To Save More And Make More

https://www.biggerpockets.com/...

Multifamily DSCR Loans: A New High-Impact Loan Option For Real Estate Investors?

https://www.biggerpockets.com/...

12 Frequently Asked Questions (And Answers) About DSCR Loans

https://www.biggerpockets.com/...

8 More Commonly Asked Questions and Answers to DSCR Loans

https://www.biggerpockets.com/blog/eight-questions-and-answe...

What Documents Do You Need for a DSCR Loan?

https://www.biggerpockets.com/blog/what-documents-do-you-nee...

BRRRR Loans: What Are the Options, and How Do DSCR Loans Stack Up?

https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...

Short-Term Rental Loans: What Are the Options and How Do DSCR Loans Stack Up?

https://www.biggerpockets.com/blog/short-term-rental-loans-a...

DSCR Loans: Terms to Know When Working With These Popular Rental Loan

https://www.biggerpockets.com/blog/dscr-loans-terms-to-know

What’s Next For DSCR Loans? Updates For 2024 and Beyond

https://www.biggerpockets.com/blog/what-is-coming-in-2024-fo...

What Are Current DSCR Loan Rates? Key Market Movers and How to Track Rates

https://www.biggerpockets.com/blog/2024-dscr-loan-rates-and-...

How Do DSCR Lenders Calculate Your Interest Rate?

https://www.biggerpockets.com/blog/how-do-dscr-lenders-calcu...

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Nashville, Tennessee

congrats, looks like a great success

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All Forum Posts by: Robin Simon

Robin Simon has started 636 posts and replied 3875 times.

Post: Offering Netflix (or any others) for free??

Post: Is “cash only” really cash?

Post: New member looking to connect

Post: House Hack in Peterborough New Hampshire

Post: New to Bigger Pockets

Post: 2101 64th St Flip and Fix

Post: Looking to network

Post: DSCR Lenders on Lafayette, LA

Post: Does anyone have experience with D.S.C.R. Loans

Post: Our first project together

Robin Simon has started 636 posts and replied 3875 times.

Biggerpockets Logo Post: Offering Netflix (or any others) for free??

Biggerpockets Logo Post: Is “cash only” really cash?

Biggerpockets Logo Post: New member looking to connect

Biggerpockets Logo Post: House Hack in Peterborough New Hampshire

Biggerpockets Logo Post: New to Bigger Pockets

Biggerpockets Logo Post: 2101 64th St Flip and Fix

Biggerpockets Logo Post: Looking to network

Biggerpockets Logo Post: DSCR Lenders on Lafayette, LA

Biggerpockets Logo Post: Does anyone have experience with D.S.C.R. Loans

Biggerpockets Logo Post: Our first project together

Post: Offering Netflix (or any others) for free??

Post: Is “cash only” really cash?

Post: New member looking to connect

Post: House Hack in Peterborough New Hampshire

Post: New to Bigger Pockets

Post: 2101 64th St Flip and Fix

Post: Looking to network

Post: DSCR Lenders on Lafayette, LA

Post: Does anyone have experience with D.S.C.R. Loans

Post: Our first project together