Blake Nelson
New effects and recent changes to consumer credit scoring. Credit
With so many different scoring models and with consumers increasingly becoming confused when they check their credit scores and getting a different score depending on where they checked it at, I wanted to lend my expe...
Coleman Cox
DTI ratio - question for lenders
Hi All - looking for assistance from lenders on how my back-end DTI ratio will be calculated when looking for financing.My situation is I'm living in the Bay Area of California and renting due to crazy high prices tha...
Rod Bartruff
How to plan for retirement as a single dad
I am new to the group and hoping to enter the multi-family side of investing. I am 46 and have been self-employed my entire working life, with no investments or retirement. So I am thinking about working to acquire ...
Jason Varney
Creative No Money Down Option for Tri-plex
Hi all,I have a good tri-plex opportunity for approximately 350k where i could put about 30K into it and have it rents totaling about $4500. I can get a DSCR loan but need 20% down and about 30k for rehab. I dont have...
Joseph Scorese
10 Tips for Successful Social Media and In-Person Networking
10 Tips for Successful Social Media and In-Person NetworkingThere has been much debate as to whether social media or in-person networking is more effective. While it is true that social media channels can help you acc...
Ed Maione
Massachusetts Closing Costs
Hi all - I've been shopping around for financing options in Metro-West Boston and stopped into DCU for a general quote and to ask some specific questions. We ran the numbers on a $300,000 purchase, 20% down, non-owner...
Connor Lorio
Financing Rehab Options
Hi BP,
Looking at a duplex in Everett, WA for 500k. After inspection I realized it needs a lot more work than I thought. Will need updated plumbing, electrical, potentially a foundation fix in addition to new windows...
Scott Donnelly
Selling investment property - is it time? What am I missing...
Hi all, would love to crowdsource some opinions on making a decision here.
Our situation: Purchased a rental property (condo) ~2.5 years ago. Lived there briefly, but not long enough to use home/primary exemption f...
Dave G.
Sending a prospecting letter to the owner of a distressed property, tips wanted
Hi. I did some driving around an area I am interested in purchasing in. I found some distressed properties and hunted down the owners from the local city government. These properties are coming under fire from the D...
Omar Ruiz
Need a lender (Massachusetts)
Brand new investor. Recently uploaded a post around flipping a property & got great advise. Now I need a lender (private/hard money). I am self employed marriage & family therapist earning about $70-$80k. I ha...