Here are some key factors that most Lenders consider when evaluating a DSCR Loan Application:
Property Income: Your rental property should generate enough income to cover all the expenses, including the loan payment....

I wanted to introduce myself and get some advice. I'm a teacher in NYC. I own my condo in NY. I have a couple of investment properties (condos) in NJ. I bought these properties over the last five years with a very ...

Hello, I'm just starting to look into purchasing a rental property in Houston Texas or Florida and am looking for some advice.What are some good neighborhoods to look in?I'm wondering if anyone has any good recommenda...

Lease with an option to buy contract deal....So I tried to get seller financing but the seller owes a lot on the mortgage still and plus, for some reason, the seller is paying a very high monthly payment (2200/month)W...

I have a deal in 44111 that's an 8 unit for $249,000 and I'm ready to submit an offer.  How does this sound?  Also, are 4 options too much?
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We analyzed the financials, applied the suggest (9.44) cap rate...

Good morning everyone!  I am reviewing a tape, and there are a handful of "performing" notes that are in active BK.  the tape doesn't state if its a chapter 7, 13 or how far into the process they are.  Over the last 6...

Hey BP community, need some help re financial planning for my parents. In the event of a divorce where 1 of the 2 signatories wants to be removed from the HELOC, the bank instructed the HELOC will have to be paid off ...

Hello All,
My wife and I are just getting started in the real estate space and looking for advice on the lending side and how to structure our first loan. We are wanting to utilize our home equity to finance our fir...

REO on market for 170 days +.  The price has been incrementally dropped.  Now there is a status change with the price higher than the last price drop by about 10K.  Is this the bank's call to increase and why would th...

I'm considering paying off our primary residence mortgage in full and then getting a first position HELOC to use for short term money (for new BRRRRs). I'm my head it seems like a killer strategy. What am I missing...