Jack B.
What are the risks of DSCR loans?
19 January 2025 | 9 replies
I can buy a 2-4 unit with 20% down vs conventional can only buy a 2-4 INVESTMENT property with 25% down 4. there are options where DSCR loans dont repot to personal credit, helps in not having to show a bunch of paperwork or not one person in a partnership has to carry the debt5. way less paperwork to close on this loan type vs a conventional loan. we care about the income of the property you're buying and it's ability to service the debt of the property whether we use long term rents income, lease income, or air dna/bnb income.6. easily buy in partnerships, add people to your operating agreement, its as easy as that so bring partners into a deal. helps with scaling and raising capital or getting partners involved7. gift funds allowed to close on these as well, and like I said earlier, there's only a 10day seasoning period of funds with some lenders so that means you can literally have a private money lender deposit money into your account 11 days before closing, and you can use those funds to close!
Tanner King
Analyzing a House Hack (First time buyer)
6 January 2025 | 13 replies
Also look at the area as well in terms of how attractive it will be for people to rent out your units.
Jackson Pudlo
First Time Real Estate Buyer - Seeking Advice on Single Family VS Mutli Family Units
23 January 2025 | 10 replies
Starting with something near your market that you know the area, can drive by the property and meet people in person will get you more comfortable with the risk of owning property.
Collin Hays
Tips for negotiating your real estate deal
9 January 2025 | 18 replies
Uncomfortable silence will get people to talk.5.)
Michael Rodriguez
Theft Proof Copper Pipe ideas?
6 January 2025 | 7 replies
Also I have seen people paint copper white to make it look like pex or cpvc.
Tyler Bolton
LLC versus personal umbrella policy for Indianapolis SFH rental
12 January 2025 | 7 replies
Most purposes that people on the BP forums are transferring properties to an LLC, would be exempt of the Due On Sale Clause.
Nitesh Chand
Can I sell my house with tenants
4 January 2025 | 12 replies
If the tenants are the issue, they can make it very difficult to show the property and this can create a lot of issues for you during this time.It will also prevent you from selling your home for maximum market value as only few people will want to deal with holdover tenants.
Patricia Andriolo-Bull
Pricelabs referral code
3 January 2025 | 4 replies
There are a ton of tools and resources that not a lot of people know so doing some YT watching and their training helps immensely. also, happy to answer any questions you might have on set up / operations.
April Smalls
Is This A Red Flag Pml Edition
31 December 2024 | 14 replies
He asked a few people to send him money in Bitcoin.