Ryan Wright
Debt-to-Income (DTI) Ratio
Hello everyone. This is my first post to BP, and I have a question about DTI. I'm have a job that's higher paying than the one I will be going to, and my current DTI is low given I have a high-paying job, but my DTI w...
Blair Mauney
Property Manager and Investor
I am new to real estate Syndication. But I have been a broker/owner of a property management company for several years.I am interested in purchasing, along with other investors, an apartment complex located out of st...
Henry R.
Has anyone ever used Finance OF America
Hello everyone,I saw an AD that was in my email with Biggerpockets (Finance Of America) I called and got a rep when we asked for his NMLS# he told me that he is an employee of FACo Umbrella Commercial Lending N.O.O an...
Brandon Silvia
Biggest Problem with Conventional Lenders
Hey Everyone,I am new the the forum but I am very curious to get your opinion/experience insight. As real estate agents and professionals, what is the biggest hurtle or problem you have with conventional lenders?
Howard Mayne
Investor and Developer from Houston, Texas
Hello BP Nation-I'm Howard Mayne and live in Houston where I previously worked in the oil & gas industry. Over the last couple of years, I have done some investing in multi-family projects as well as office and r...
Jason Somerville
Buying Rental Property in Personal Name Instead of LLC?
My wife and I have been investing in real estate for a couple years now and just formed an LLC. I asked a banker about purchasing a property in the LLCs name and she said if we did that the loan couldn’t go to the sec...
Vidyadhar R.
house won't appraise to full ARV if refi before seasoning period?
Hi members, I'm doing a BRRRR on a SF. buying ($60k) it using a personal loan and plan to refinance (ARV $80k) it from a local lender after rehab ($5k). rehab duration would be a month. I want to refinance asap after ...
Trent Davidson
BRRRR a Mobile Home?
Help?! Looking at a property in a tourist/STR destination. The property has an old but in decent condition Single Wide Manufactured home (does need some updating) with land included (not a mobile home park). I hoped t...
Robert Young
Refinance VA Streamline (IRRRL) loan
I have rental property, and I'm thinking about refinancing using the VA Streamline IRRRL. I want to make sure that it makes sense before I make my final decision. After the loan is complete, I should save about $155 a...
Account Closed
Catastrophic loss in homeownership
I find it amazing that only 2.1% change in home ownership was this catastrophic. And, of course, it could never happen again. LolHome ownership has never been 100% in the United States. Many people think that the vast...