Angelica Morales
CARES Package allows IRA withdrawals w/o 10% penalty, worth it?
With the passage of the CARES package allowing IRA withdrawals without the 10% penalty and being able to report the distribution evenly over 3 years, I have been considering taking $20k out of my IRA to pay off a loan...
Chris Vasquez
50% rule...? PI vs PITI
Rookie question here. 1.When financing a rental property. Do you favor Principal+Interest or PITI included together in your payments when the mortgage is set up.
2. Using PITI. Why wouldn't you figure in the tax and ...
Tashina Taylor
BRRRR with no income for refi.
Hey guys! It's HAPPENING! I found a deal and I have a hard money lender ready to go. All we have to do is pull the trigger. BUT with the current state of things, there are a few hiccups that worry me. The property in ...
Joseph Hammel
Help! I need financing advice.
Hello BP community!Im hoping I can get some help with analysis and brainstorming my situation. This post may get long so please bear with me.I own 15 properties including my own home and one is in my self dirrected Ro...
Michael Mataluni
I Have $137,000 In Equity & I Want to Buy a New Home & Rent Mine
Hello, I would really appreciate the advise of an experienced investor.I currently have about $144,000 In Equity in my current home.I'm thinking of refinancing to get access to the equity/cash as I purchased the home ...
Justin Valadez
How Marriage Affects Your Real Estate Goals
Hello all,This is my first time posting on a blog so bear with me. Mainly I’m just looking for some second opinions from some individuals who have been in my current life situation or similar to. I would appreciate an...
Sanat Bhandari
DSCR Loan Clarification Post
I've seen a ton of interest in the DSCR loans from investors and just wanted to clarify some of the minor details of an actual DSCR loan:
- The rental income used to calculate DSCR is based on the lower of market ren...
Thomas Rodgers
Is it time to try and make a move or should I wait?
It has been almost a year since I finished paying off my debt and starting saving for my emergency fund which is at about $8k now. I got convinced to take a pretty expensive vacation with my family this year which wil...
Ed Larson
My First Multi Deal How did I do
Offer just got accepted for a six unit deal. I am starting small to get my first commercial loan and get some seasoning for the big deals to come. The property is located in Lakewood, WA within one mile of Fort Lewis ...
Alan Bischoff
New member from utah
I am an ultimate beginner, I have a duplex, that my wife and I are "house hacking" but I didn't know what I was doing when I bought it, if we rented our side we might brake even. Knowing more and with help, I would l...