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6 August 2024 | 4 replies
It was a frequent occurrence that something they would ask for was not available.
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6 August 2024 | 9 replies
I’m also a bit skeptical of an all-in purchase/rehab at ~$115K grossing $2400/mo in rents.
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3 August 2024 | 5 replies
Call me a skeptic but I find it hard to believe there are properties trading in 19147, 19148, 19123 or even 19134 at a 14% cap rate.
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8 August 2024 | 46 replies
Going forward, STOP blind trusting people, especially people who say "trust me" those are the #1 people you should be most skeptical about.
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5 August 2024 | 6 replies
https://www.biggerpockets.com/...12 Frequently Asked Questions (And Answers) About DSCR Loanshttps://www.biggerpockets.com/...8 More Commonly Asked Questions and Answers to DSCR Loanshttps://www.biggerpockets.com/blog/eight-questions-and-answe...What Documents Do You Need for a DSCR Loan?
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6 August 2024 | 24 replies
Let me know if you've moved forward with them as I'm skeptical.
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7 August 2024 | 20 replies
Are there any cities you visit frequently or have family or friends who could check up on the property?
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4 August 2024 | 4 replies
and if you can't get approved for a conventional loan, you may be eligible for a DSCR loan.with that said... i am extremely skeptical that you can cash flow $500 a month including the debt service on the mortgage AND the HELOC plus all the expenses.
5 August 2024 | 8 replies
How frequently were they late?
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5 August 2024 | 9 replies
@Michael Plaks I've posted on this subject frequently on BP.