Lindsey Waltz
85% ltv DSCR
29 January 2025 | 7 replies
There are 85% LTV DSCR loans but expect a higher rate-sometimes 1% higher for the same borrower profile compared to a 80% LTV.
Ryan Leake
BiggerPockets mobile phone app?!
31 January 2025 | 8 replies
I don't know why they stopped it, it needed some work but agree mobile app would be awesome
Sanjai Dayal
Own commercial building, I use 2 of 7 offices for medical business- pay myself?
29 January 2025 | 4 replies
Many of our borrowers/clients have one LLC that owns the building and another than own the operating business.
AJ Wong
Could Trump shock Short Term Rental markets with Tax Loop Hole for AirBnB Investors?
24 January 2025 | 6 replies
I wish people would stop writing articles calling it a loophole.
Jack B.
What are the risks of DSCR loans?
19 January 2025 | 9 replies
Thing is, I will need to go DSCR loans from here on out or just stop buying new real estate altogether.
John Friendas
LLC Mortgage Under Partner Instead of Me
23 January 2025 | 23 replies
Other members of the LLC are not required to sign as PG.This does not show up on credit, and if the LLC is the borrower and property is owned by the LLC, you do not have to disclose this property on a new mortgage application.
Ashley Kehr
Property Management Software
25 January 2025 | 4 replies
I've looked into the one-stop shop tools, but none are quite as good as these individual tools yet in my opinion.
Desiree Rejeili
Two Resources That Can Help You Buy a Home Right Now
30 January 2025 | 0 replies
A trusted real estate agent and a lender can guide you through the process, explain the help that’s out there, and connect you with resources to make buying a home a reality.Bottom LineIf you’re ready to stop wondering if buying a home is possible and start exploring solutions, connect with an expert agent and trusted lender.
Mark S.
preREO - First Mortgage Secured by Vacant Property
24 January 2025 | 42 replies
I am not at an attorney, but if your "tenant" stops paying, and you try to take them to court to evict them, you're not even the owner of the property.
Marina Wong
711 Rescue - does it help LP in case of imminent foreclosure
21 January 2025 | 19 replies
They stopped paying the lender and wanted to work something out with the lender but the time is running out (ie the management company did not do any significant improvement during the forbearance period) One of the LP just emailed me and said we need to raise 65k to enlist help from this company.