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5 August 2024 | 12 replies
Buy it in cash in name of the LLC to begin with.
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4 August 2024 | 1 reply
I would then plan to use this forced equity (since I plan to buy a fixer upper) to invest in another home.I have been constantly reading to househack right into the MFH, but this may take some time for me to acquire the money and purchasing power.
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4 August 2024 | 0 replies
👋I'm a dedicated buy-and-hold investor looking to expand my portfolio, and I'm eager to connect with lenders who are ready to dive into more deals with me.
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4 August 2024 | 1 reply
We are considering renting a home in the neighborhood we are interested in buying in, to test it out for a few years.
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4 August 2024 | 13 replies
Buy a property worth at least a million, better a few million, to make it worthwhile.
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31 July 2024 | 4 replies
Lender (One Brokerage from here on BiggerPockets) says we can't buy it as a primary residence if it's leased.These leased properties would be perfect because July 2025 is when they would move in.We DO NOT have 15-20% down for a commercial loan.
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5 August 2024 | 7 replies
It looks like you are not able to get lending because your Debt-to-Income ratio is too high.You should figure out what your DTI ratio is.If you are buying cash-flowing rentals, your rentals should actually be helping you get future loans easier.
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4 August 2024 | 5 replies
If it is section 8, i would make sure they at least have some income coming in to be able to afford to eat, clothe, and buy all the other necessities.
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4 August 2024 | 1 reply
@Joshua G Steed I have yet to buy a mobile home at auction but have heard about them.
5 August 2024 | 11 replies
When did you buy it?