I just graduated and moved to Spartanburg South Carolina from Jersey. Is it possible to still buy a property, qualify for an FHA if I have student loans and a credit history under 2 years? I have a great credit score ...
Ok, so like it says in the title.I am trying to obtain a loan. The issue is not that I cannot get a large amount for a loan. It is that the payments need to be $1150 or less per month. In my area that is near impossib...
I’m close to buying my foray property which I will be using a Brrrr strategy on. The numbers work and everything looks good, but I don’t know a whole lot about refinancing. My question is, will my student loan debt po...
Hi BP,I hope everyone is well! I haven't read much about DSCR loans; but as far as what i understand - it focuses more on about the potential rental income and overall health of the investment rather than your persona...
I am new to real estate investing and really intrigued by the short term rental strategy. I recently sold my first business and have a good chunk to invest in my first property. However, I found by talking to a lender...
I have a friend I’m trying to help. He owns his own business and makes good money, $200-$300K per year, but he also has many tax write-offs so he shows a much smaller yearly income on his tax returns. His dilemma is h...
I'm new to the forum, just heard about it in Brandon Turner's book on rental properties and signed up today. I have been learning about real estate primarily through audiobooks and several real estate agents and inves...
I am obtaining a HELOC on my primary residence to then use for the down payment(s) for investment properties, that I would also have an additional purchase loan(s) on.
What should I factor in, to decide what amount...
Good EveningI need some help in figuring out what to do with paying off 2 credit cards, and by doing so.... Increasing the amount that I can borrow for the purchase of a property, by another $10,000 ( I came up with ...
I understand that DCRs need to be 1.25 and above for commercial loans, but what source do lenders use to compute those numbers? Tax returns? Just most recent or 2 years worth? Do they ignore depreciation as it appears...