Hi,
Does anyone know how lenders factor in S-Corp loss for DTI ratio calculation? Do they take the loss, divide by 12, and add it to the debt portion of the ratio?
My apologies in advance if this has been asked befo...
I'm considering a new student housing development at a nearby university with a chronic shortage of student housing. I'm curious about financing the project - specifically, how would I convert it from what I assume wo...
My father, despite never missing a payment in his life, has fairly mediocre credit due to, we think revolving debt. 2 Questions:
1) We think some of it may be because the credit bureaus view 2nd loans from ba...
Hey All,
I took a half year break from posting on here, but now I'm back. I am 25 years old and I am trying to set out a 15 year plan. So far, my outline is 5 years of paying of student debt, saving, learning, and bu...
I simply wanted to introduce myself and my company (Mak Rentals). I'm new to BP and have been listening to the podcast. I've been doing real estate investing for around 6 years and currently have a portfolio of around...
Hey guys, hopefully this question makes sense. I'm just a small time investor, but my portfolio is to the point where I will be expanding through 1031 exchanges into new properties. Within the next year or two I will ...
I'm looking for some insight from experienced investors as to how you factor in short term debt service to your deal analysis?I have the opportunity to wrap up a condo purchase with these terms:Purchase price 35,500 +...
Hello! Newbie here. I want to buy a fourplex in California or out of state, however, am afraid that I won’t qualify for financing because last year I bought 1/3 of a $1.4 million property with family. The idea was to ...
I am not understanding the entire financing process with personal name versus LLC financing. Every bank I talk to wants to finance me with a 5/1 Arm with a 20 year am at 6% or higher interest rate for my LLC. I have m...
My name is Brady and I just graduated from Penn State this May. I will be moving to NYC in August, and I am eager to start investing in real estate as soon as possible. I have been reading books about real estate si...