Hi guys, a family member of mine is trying to refinance his property with a commercial lender. I am just wondering what would happen to his DTI ratio if the lender refinances his property and does not report the new l...

Hey guys, I am new to BP, but am very impressed with the amount of experience and knowledge on this forum and its members. I need some financial advice.I have 2 Rental properties where I am owner occupant of one of th...

What's up BP!I have submitted my first offer on a SFH that I intend to rent out. The purchase price of the property, and what I intend to be a similar price of properties I expect to purchase in the future, is around ...

Two years ago, I borrowed money from an investor which I used towards a down payment on a 20-unit apartment complex. Terms on the loan were:Amount: $100,000Rate: 8.0%Amortization: 25 yearsScheduled monthly payments ar...

I am looking for some help to clarify the way that income reported on my taxes will affect my debt to income ratio? It is my goal to minimize my income as much as possible using legitimate  expenses and depreciation e...

I'm looking into purchasing a mobile home park.  I was seeing if anyone could recommend a good bank to get information about it.  Thanks. 

I'm new to investing in multi family units and plan to make my first purchase in a few months. I know the Schedule E is what a landlord should be filing come tax season, and I know my lender will want to see the Sched...

Hey all, newbie to Note Investing here. I am currently working on opening a self directed IRA and would like to use it to buy a few notes to start. Can I buy non-performing notes in my IRA or only performing? Aren’t t...

My wife and I built our home a little over 2 years ago, appraised at 265k during construction for loan purposes, assessed this year at 284k. (I think it would appraise for 280K no problem now based off comps in the...

Aspiring real-estate mogul, and self-made millionaire, my story:At age 27, I bought my first home in Seattle on Feb 2012 at the beginning of the real estate rebound from ‘08. Put 3% down on a beautiful 3 bed 2.5 bath ...