Ying B.
Approve or Deny? Expenses > Income but meet Gross 3X of Rent
2 March 2024 | 5 replies
The issue is, based on her credit report and other known info, I added all the expenses: (car payment $722, debt obligation/month $1900, rent, renters insurance, utilities, estimated grocery, living necessities, her total **essential** expenses would be at least $800 greater than her net income.
Mike Mutabazi
How do you scale from one property to multiple properties and have them cash flow ?
4 March 2024 | 7 replies
For "seasoned" investors, its not a true issue since they would have the reserves to handle it.One technique to try is the "brrrr" method.
Jake Faris
Converting multi-family STR/LTR to commercial motel/hotel - Pros and Cons
3 March 2024 | 9 replies
Finish the basement into a legal apartment and then maybe rent the 2 car garage as storage/secure car parking.People in the city are always looking for secure places to park their cars depending on where the place is.
Cody Key
Anyone have experience with Trust Funding Inc
4 March 2024 | 46 replies
The one company that does market heavily for 100% financing that is US based and appears to be legally set up is Do Hard Money and they advertise here on BP..
Matt Pippin
Looking for guidance
4 March 2024 | 9 replies
My thoughts on home prices... the supply and demand issue is not going anywhere, and it could take a long time to correct... residential home prices will continue to appreciate during that time.
Jonathan Sher
St. Louis, MO
5 March 2024 | 199 replies
Also, we are drainlayers so if you have any water issues (outside/basement) contact us at [email protected] not yet been to Lifeonaire but plan to.
Kevin G.
Aspiring host. Looking to buy my first property to AirBnB in San Diego by year end!
2 March 2024 | 32 replies
If the city can eliminate an STR that has operated legally for 23 years, it certainly can change the rules to further restrict/limit STRs.
Agustin Rossi
Can I market my property for sale and for rent at the same time?
2 March 2024 | 6 replies
I want to ask:Is it possible and legal to put one of my properties for sale and at the same time put it to rent?
Craig Clark
Personal DTI vs Business DTI (Helocs and Refinances)
1 March 2024 | 3 replies
Profile:Investor owned LLC -LLC owns 5-6 properties-Investor normally takes every legal write possible so LLC DTI is high-LLC normally has an annual paper loss wInvestor Personally- Investor owns 2-3 properties not in the LLC-Equity in property 1 is over 70% and equity in others are around 50%-Investors personal DTI is around 15-18%Based on what you see above, the investor would like to tap into the equity in one of the above personal properties.
Alberto Cioni
Change of rent when we build an ADU to replace a small rented garage storage
1 March 2024 | 13 replies
I am unsure of the legality of this, but I would try to keep the rent the same and provide a construction impact rebate.