Account Closed
Non QM lending
9 January 2025 | 7 replies
P&L, Bank Statement, DSCR etcVery common for investors to make the switch when they need to or when the cons are no longer greater than the pros compared to conventional loans.
Cosmo DePinto
Section 8 and DSSCR Loans
1 February 2025 | 7 replies
As others have mentioned, yes you can use section 8 rents with some DSCR lenders.
Joe McLaughlin
STR Furnishing Checklist
4 February 2025 | 7 replies
I’d recommend using Excel or a tool like Trello or Notion to track what you need, compare deals, and stay on budget.
Luis Fajardo
Fannie & Freddie Privatization: Key Insights for Investors
7 February 2025 | 0 replies
If this effort gains traction, it could fundamentally reshape the U.S. mortgage market, impacting financing options for real estate investors nationwide.The Role of Fannie Mae and Freddie Mac in Housing FinanceFannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation) are government-sponsored enterprises (GSEs) that purchase mortgages from banks and lenders, package them into mortgage-backed securities (MBS), and sell them to investors.
Alpesh Parmar
Need HELOC for a property under LLC
30 January 2025 | 21 replies
@Guifre Mora and @Johnny Horner, I've gleaned these lenders over the course of a year or so.
Patrick Jaraique
Florida property management
29 January 2025 | 2 replies
We don’t know any PMCs to recommend in the Cape Coral/fort Meyers area, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
James Jones
New Investor Scaling Through Care Homes and Assisted Living
20 January 2025 | 10 replies
As our team has grown, it's become easier to cover responsibilities if someone quits, goes on vacation, or if we terminate employment, compared to when we had one or two homes.
Joshua Nichols
Funding Flipping for the First Time
30 January 2025 | 5 replies
For the first 4 loans or so, lenders are going to be less aggressive (requiring more down) than if you have several under your belt.
Edreco Amos
Looking to get my first long term rental property | How is Miami's market?
29 January 2025 | 23 replies
Another downside is you loose on the advantages, of the Federal Tax Code, by not closing in the name of a LLC (you can elect to have a LLC taxed, as a S Corporation which is a whole other conversation).If you want to close in the name of a LLC, Mortgage Lenders will offer you Commercial Loan Terms (25-30% down, a 15-25 year amortization, and a ballon due in 5-7 years).
James Dugan
Fannie Mae / FHA 203k lenders for DFW?
3 January 2025 | 9 replies
@James Dugan I have a great lender for you.I am going to send you a connection request