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Results (10,000+)
Randee Erickson Blue Gate Capital - are they legitimate?
17 January 2025 | 37 replies
I'd really like to find someone here who has dealt with them :-)Hey Randy, check out the American Association of Private lenders.
Geoff McFarlane Sell our home or rent it out?
20 January 2025 | 7 replies
Treat this property as a business and factor in all the associated expenses, including mortgage payments (if you pull a loan), maintenance, and potential vacancy periods.To simplify management and make this less of a hands-on job, I’d strongly recommend working with a property management company.
Armani Pimentel I'm a 16yo trying to learn wholesaling to start when I'm 18
27 January 2025 | 4 replies
Many of them are posers - I smile and nod, knowing that their posing will make an impression on many who dream of quick wealth, and that their incredibly transparent bullsh** will eventually blow up in their face, leading to no lasting wealth and potentially major problems for themselves and everyone associated with them.Many of these students receive referral fees if they are able to sign up other people to the expensive ($5K+) coaching programs, masterminds, mentorships, or tribes.
Nicholas A. How many realtors to reach out to
27 January 2025 | 13 replies
Some ways to find that person is local Real Estate Investor Facebook groups, local Real Estate Investor Associations, Realtors who list multiple properties for other investors, Bigger Pockets website's forum, and local property managers.You will also want to try to get on the buyer's list for local real estate wholesalers.To Your Success!
Anthony Poulin Starting a Long Term REI Business Starts Today! Lets go!!
22 January 2025 | 8 replies
Local EventsI am eager to attend some events near me and I did not see anything coming up soon on the Events and Meet Up page, but I did see this online from the New York Real Estate Investors Association (REIA) and am likely going to check it out: NYC 6th Real Estate Investors Expohttps://www.meetup.com/new-york-real-estate-investors-association/events/302291858/?
Pete Resendez A friend's divorce mediation and a townhouse involved
14 January 2025 | 4 replies
Super nice guy, and a genius.You can also go checkout Divorce Lending Association and find a local CDLP if you'd prefer.
Desiree Rejeili What To Save for When Buying a Home
9 January 2025 | 0 replies
Bankrate explains:“Mortgage closing costs are the fees associated with buying a home that you must pay on closing day.
Nicholas Haubner 4-family to 5-family with owner occupied unit
4 January 2025 | 5 replies
Where it gets interesting is that the house has 5 mailing addresses associated with it and the fire prevention bureau has on their records it is also a 5- unit house, and I am billed as such upon annual renewals/inspections.
Jacob Hrip Best financing options for a first time investor?
9 January 2025 | 9 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).