Todd Ashley
Financing for a small Buffalo Multi-Family
1 March 2017 | 8 replies
If it is underwritten as a commercial loan the DTI requirement may be higher and they may consider income generated at the property itself.My expertise tends towards commercial loans so keep asking around if you are seeking conventional financing.
Sam Stout
Nonrecourse Loan Questions
23 March 2017 | 6 replies
Agree with Account Closed, I have a non-recourse loan from NASB for an income-generating property...they want the income to cover the payments.
Jorge J Gonzalez
I'm questioning my closing Costs with the bank
15 May 2017 | 4 replies
The initial LE is often just the lender's software-generated estimates, not actual fees from the actual settlement service provider(s).TLDR: Boxes A, B, and lender credit in box J, are the only things lenders have any say in.
Devin Mills
15 Year or 30 Year Mortgage
15 May 2017 | 7 replies
If you own the property free and clear at 40 then you'll either have to refinance at the market rate then (who knows what it will be) or face a heavier tax burden because you'll only have depreciation to write off as there wouldn't be a mortgage to generate mortgage interest.
Cynthia Fisher
Does Bigger Pockets utilize BotBuilders.com?
15 December 2022 | 0 replies
Is it a good option for generating and converting leads?
Remi Oguntoye
RE Investor Starting Out in NYC
4 December 2018 | 10 replies
I have decided I am going focus on wholesaling to generate cash.
Sam Burchyett
Scaling with Line of Credit
30 December 2022 | 14 replies
The cash flow generated by the property will cover the new commercial loan payment by 1.44 x.
Austin Opfer
Calling my fellow eXp Agents!
30 December 2022 | 1 reply
Hello eXp agents,I understand the $85 monthly brokerage fee includes a Wordpress website and lead generation tools.
Ryan Miller
DSCR Lending With Only 1 Credit Score?
29 December 2022 | 6 replies
The other two don't have enough data to generate a score because the tradeline driving the 806 score is only reported to the one bureau.
Ken Martinez
10 Factors You Should Consider Before Starting
1 December 2015 | 8 replies
The contestants are a constant reminder of the endless ways there are to generate money outside of real estate, assuming you have the passion to take action.