![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1454654/small_1695231489-avatar-huzaifaa.jpg?twic=v1/output=image&v=2)
1 May 2024 | 8 replies
I’ll be making between $250-$300k, with some credit card debt I’m hoping to get to by August.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2998332/small_1713820939-avatar-shie1.jpg?twic=v1/output=image&v=2)
1 May 2024 | 14 replies
At this point when I began seeking property for buy and hold, I learned that I have the credit score but not the 20% down.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/460276/small_1676306205-avatar-billr24.jpg?twic=v1/output=image&v=2)
2 May 2024 | 0 replies
Increased floating-rate interest payments, coupled with climbing utilities and property taxes, have eroded profit margins and negatively affected debt service coverage ratios.As over $250 billion in multifamily loan debt matures in 2024 alone, owners and investors are bracing for a challenging deleveraging cycle.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1928050/small_1621516758-avatar-amandas243.jpg?twic=v1/output=image&v=2)
2 May 2024 | 17 replies
Thank you I'm not expert in Real estate, but from a business perspective, if you sell, you'd have to pay capital gains tax.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2793196/small_1690860774-avatar-jamesm1875.jpg?twic=v1/output=image&v=2)
1 May 2024 | 3 replies
I'd expect rates in the low to mid-teens depending on LTV and credit.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2540118/small_1714583234-avatar-gurgagn.jpg?twic=v1/output=image&v=2)
2 May 2024 | 20 replies
Downpayment came from proceeds of a land flip bought at an online tax auction (**********).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1783602/small_1621515546-avatar-yoavg2.jpg?twic=v1/output=image&v=2)
30 April 2024 | 12 replies
It means speaking to people whose homes are in pre-foreclosure, foreclosure, or are behind on property taxes.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1863766/small_1713901177-avatar-hayank.jpg?twic=v1/output=image&v=2)
1 May 2024 | 8 replies
We advise landlords to require two main criteria:1) Household income should be at least 40x the monthly rent.2) Applicants must have a credit score of 680 or higher.It's also important to review credit reports for red flags like rental collections or high credit card balances.