Banita Lamb
How to get started with apartments
Hi my name is Banita. I am trying to start my investing career in real estate. I would like to know how to start. I tried buying a house on a contract of deed and it fell through. I gave a down payment of $1000 and th...
Edward Jones
Tax Question - Another house
I have 2 houses, the mortgage on them is $5k , the first one is a rental and the second is owner occupied but i also rent out the rooms. I want to know about income / debt ratios and tax. I want to buy a 3rd house to ...
Nick Rose
Multi Unit purchase vs. Business purchase - ROI comparison
Currently seeking more properties to purchase for cash flow, I also have done a high level investigation into purchasing a business. I put together two scenarios based on using 150K toward down payments. One is purc...
Mario E Gonzalez
How to determine my budget for a mortage without running a hard or soft credit check?
hello all,is there a site where i can find out how much i qualify for base off income, no debt and my current assets without running a credit check
Aaron Port
Denied conventional loan because of college debt
I was recently told that I don't qualify for a conventional loan because of my debt to income ratio due to college loans. I don't have an astronomical amount of debt and no other debt besides my wife's car payment and...
Lance Stahl
Cash out refi on rental property
I live in Pennsylvania and am looking to refi n cash out a couple of my rental properties. I have a private lender that I owe for 2 properties as well. I wanna do this based off of my cash flow and equity since I am n...
Quin Weidner
Commercial Property for a Newbie- good deal?
Hi everyone, I'd like advice on how to proceed.Its a commercial condo on a downtown mall in a small city. Prices are generally high here, and cap rates don't get too high.The tenant (long time coffee shop manager has ...
Mark Sullivan
Add to the Portfolio or Swap
Looking for some input on how others would approach this situation. Currently own two properties under different LLC. LLC "A" has a commercial property, no loan/debt, with a 15 year NNN left on it valued at 5-6 Millio...
Joseph V.
250k budget: Either DSCR loan or up to 250k cash purchase.Advice?
Hi, I live in california and am looking for an investment property in clearwater florida. The budget is 250k...if there is a cash purchase i'm interested in that or doing a down payment and DSCR loan. Any advice on wh...
John Lombardo
Partners and Profits
Hi Everyone,Here is a basic question that won't challenge many of you.Off of what part of deal do you calculate the profit to be distributed to partners?Do you calculate off of the GOI, the NOI or the Cash Flow?In oth...