Nithin Mathai
STR Rehab Loan w/ high DTI
Hi BP friends! I am looking at purchasing a home in Vermont to use as a STR/Airbnb/Vrbo and vacation home for my family. My DTI is too high to qualify for any conventional financing. I am looking at DSCR loans, but do...
Javis Ray
Is getting both licenses a "No Brainer?"
Hey All!Is it a no brainer for agents to also get an MLO? I'm biased because I work for a company that helps agents do just that, and this is not a pitch (I'll not mention my company name at all,) it's a genuine ask f...
Michael J. Finnegan
Commercial Lending Options & Terms
Look to expand my portfolio. Have experience in triplex properties. I am looking to scale up and invest into 5 to 9 unit properties. Looking to make a smart choice when it come to lending options. Can someone explain ...
Ken Faler
Can I buy a $1M apt bldg for $62,500 down? Ohio-Flip-Buy-Hold
Apparently Liberty Rental Finance is a new subsidiary of Ocwen and specializes in providing bundled loans on portfolios of single family houses and apartment buildings. I am working with a loan officer right now on a ...
Daman Gandhi
Friends! What would happen if ..... kinda scary
Hello everyone ! I was just going through an article which showed data of how quickly the trends have been changing lately . Massive growth in the e-commerce sector . Decrease in offline sales and with less number of ...
Josh Caldwell
Relationship marketing - you need to do this
The term relationship marketing comes from the MLM or multi level marketing world but it is very pertinent to my world as a real estate investor and to be honest, relationship marketing pertains to nearly every busine...
Michael Keller
HELP! Tell me why this won't work...
I originally posted this in the development and new construction forum, but didn't get the responses I was looking for. I thought this might be a better forum for the question. Thanks!Recently, a friend and fellow rea...
Dylan B.
Flooring for rentals
Hello all, I have a vacant unit and I am getting ready to do some updates. My business partner and I were at Lowes looking at flooring and noticed the peel and stick vinyl plank tile. It looks really good for a rent...
Wendy S.
DSCR loan, Florida Property
Hi BPersSo I'm looking to buy an off market property in Lakeland FL with a DSCR loan. Can anyone shed some light on the area, this loan product and possible recommendations for closing attorneys in Lakeland FL, I'm i...
Brian Garrett
Non-conventional owner-occupied loans?
What type of commercial/portfolio loans exist for those looking to owner-occupy either a SFH or MFR?I don't qualify for conventional Fannie/Freddie loans due to the lack of income reflected on my tax returns.I'm curre...