Diandre Pierce
DSCR lending expert
16 January 2025 | 22 replies
More on DSCR loans in case helpful: DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.
Anade Davis
New Member Intro from Houston Texas and Florida
3 January 2025 | 7 replies
You're on a great track - best of luck and definitely utilize BP as much as possible!
Pierre Garcia
New to the real-estate game. Taking my first steps through bigger pockets platform.
6 January 2025 | 1 reply
Investors also track things like Cash on Cash Return and Internal Rate of Return (IRR) to gauge profitability.2.
Carlyn Chism
Recommendations on how to acquire funds to finish a hold property!
6 January 2025 | 2 replies
Some will be ok in 2nd position and some will not and force you to refinance out the first - but those are options that are probably cheaper than credit cards
Ashley Larkin
HELOC Question for my LTR Under a Business Name
9 January 2025 | 2 replies
Best places to look for a HELOC are often the small community banks and credit unions close to the property.
Willam Mendez
Is There A High Yield Savings Account For A Business ?
16 January 2025 | 1 reply
THANKS Your local credit union might be your best bet.
Brady Morgan
Securities Based Lending for Low Interest Rate
17 January 2025 | 19 replies
Specifically, I am looking at partnering with an individual who owns securities (stock and mutual funds) having them take out a line of credit against their portfolio (SBLOC) at a low interest rate, and using that to purchase properties rather than using a mortgage.
Adam Newman
10% down or 20% down???
19 January 2025 | 6 replies
Avoid PMI and then go to a local credit union and get a heloc after closing to gift the money back.Have this as a tool in your tool belt but pursue use of the 3.5% FHA, knowing that you will be at a competitive disadvantage if you are competing with non FHA buyers, then you can call in the favor from your gift person.Just know that if someone gifts you down payment money, your bank will require them to sign a letter stating that it is in fact a gift that doesn’t need to be paid back.
Brian Kantor
Any multi-game arcade machines/vendors you'd recommend?
1 January 2025 | 27 replies
Tons of people have the mini-consoles at home, but few have an actual arcade machine.After months of deliberation, we went with a 4-player machine from Quality Arcades with the track-ball and two light guns (ie, their top tier machine).
Tanner King
Where to collect data?
10 January 2025 | 4 replies
BTW there is a free trial and the Starter monthly plan is $119.It also allows you to search through consumer information such as property owner "credit worthiness," Credit card usage, buying power, age, language, family members in the house, and many other fields that are above and beyond property characteristics, which is unique.