All Forum Posts by: Ryan Auber

I appreciate all of the feedback! I am definitely going to look into DSCR financing and see If I can make something work with that.

Hello BP Community!

I am seeking different loans / funding methods I could get approved for to fund more deals.  Last year until the end of 2021, I had a W2 job and had stable income, had no issues getting loans.  I stepped away from my W2 and started my own business this year,  not showing stable income quite yet.

I have one SFH rental and looking to expand into more, I do have the option to cash out refinance, but I don't think I will get approved for another loan due to my income situation. I am also open to selling this and purchasing a duplex as well.

Does anyone have any advice of what I can do to add another property to my portfolio?  I do not have a primary residence under my name, I may be able to do something with the 0% down first time home buyer (buying a duplex)..  Just trying to weigh my options out.

Thanks in advance.

Hello,

I have several questions on property management if anyone who has been involved with PM would be so kind to give me some guidance.

I understand PM can be stressful and lead to late hours in the office dealing with clients, tenants, contractors, ect.  I am an organized individual, problem solver, computer savvy and able to learn different complex software.

I am looking to start my own property management company in Ohio, as I enjoy the residual income that comes with it. Does anyone know how difficult it is to get a broker to sponsor a property management company? I understand I need both my RE license, and broker license (unless I get a sponsor).

Does anyone know what fees they charge when you are sponsored by them?

Thanks,

Ryan