![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2441205/small_1668732579-avatar-luket92.jpg?twic=v1/output=image&v=2)
14 January 2025 | 9 replies
There was no debt on the land and she lost the house so I swapped her the land and she kept the house free and clear..
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2538510/small_1694694390-avatar-zachf121.jpg?twic=v1/output=image&v=2)
28 December 2024 | 3 replies
OR refi one at 70% and get the 45k loan leaving some debt on the line of credit but keeping home 3 free and clear and adding a lot of value to it as well as getting some really good rental income from it.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/37034/small_1621370217-avatar-dkonipol.jpg?twic=v1/output=image&v=2)
4 January 2025 | 14 replies
But the answer for everyone may differ.Here are the personal attributes I see in those able to achieve a higher than market ROI, enough higher to be able to “scale”.1- Knowledge of real estate principles, real estate law and real estate finance2- Minimum 3 -5 years full time, or near full time experience directly related to real estate investing3- Ability to utilize technology for increased efficiency, capacity, and accuracy4- Excellent hired legal counsel and excellent hired marketing help5- Established method(s) of obtaining consistently high QUALITY deal flow6- Ability to manage and choose people who are NOT employees: Attorneys, Appraisers, Mortgage Brokers, Real Estate Brokers, Title Companies, Surveyors, Marketing Specialists, Accountants, Contractors, Consultants, Property Managers7- A VERIFIABLE track record of success8- Ability to identify, analyze, and negotiate a deal that can be “worked” for “enhanced” ROI9- Some type of competitive advantage; for example for me it’s my ability to analyze and identify mortgage loans that are actually less risky than all other lenders believe (on the investing in debt side), and on the real property side it’s my ability to analyze”pull the trigger” with LESS information than other investors need, combined with the ability to pay cash, or raise significant capital almost instantly as well as being able to obtain loans at the lowest prime customer bank rate with no recourse or personal liability.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1414473/small_1736883550-avatar-bradyb41.jpg?twic=v1/output=image&v=2)
17 January 2025 | 19 replies
Once I work with will even go to 90CLTV, but they lend on very strict asset classes.Another family office I work with lends debt based on SBLOC.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2933742/small_1713470691-avatar-arshiyataami.jpg?twic=v1/output=image&v=2)
27 December 2024 | 8 replies
They also want a priority lien on the property.It sounds like you are looking for someone to fund your down payment, I would be looking for an equity partner over debt as nobody likes to lend money in insecure positions, especially when a borrower lacks skin in the game.How much are you planning to come in with yourself?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3127571/small_1727715321-avatar-vanjad.jpg?twic=v1/output=image&v=2)
8 January 2025 | 8 replies
If you want the least amount of paperwork, you could consider refinancing into a debt service loan.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/462801/small_1694748696-avatar-darronp.jpg?twic=v1/output=image&v=2)
28 December 2024 | 26 replies
What I take some issue with is the techniques that guru's use to up sell and so on .. and they do nothing to qualify if the person paying them if the program does not work they are now into debt to the eyeballs and so on but then again who are we to say at some point.. think of Hewlet and Packard they went into 15k worth of debt to start HP in late 40s or early 50s and that was a ton of money then :)
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1909406/small_1701041679-avatar-jonathans599.jpg?twic=v1/output=image&v=2)
30 December 2024 | 1 reply
Here's the breakdown of rental income and expense analysis:1.Annual Gross Income: $25,800 (Monthly rent of $2,150 x 12)2.Annual Expenses: $25,800 * 0.40 = $10,3203.Annual NOI: $25,800 - $10,320 = $15,4804.Annual Debt Service: $10,680 (Calculated previously using a mortgage calculator with a loan of $131,775, 7.25% interest, and a 30-year term)5.DSCR: $15,480 / $10,680 = 1.45 (approximately)
31 December 2024 | 8 replies
You can always leverage rentals within their ability to service the debt.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2940242/small_1736472833-avatar-jtb27.jpg?twic=v1/output=image&v=2)
8 January 2025 | 15 replies
Further, the property may qualify for larger loans based on the increased cash flow ability to service debt.