William Lemmon
Any Ohio lenders offering decent DSCR rates on low valued properties?
Sounds sort of silly, but, we're constantly looking at properties in the Akron, OH area, and many of the properties that will yield the highest rents are in the range of $80K to $120K... I have no problem getting docu...
Chris Dickerson
New Mortgage Broker Specializing in Investor-Friendly Loans
Hey BP community!
I’m Chris Dickerson, a newly licensed Mortgage Broker based in PA, specializing in financing solutions tailored for real estate investors. Whether you’re scaling with DSCR loans, navigating Hard Mon...
Nick Choruby
Cash Rent, No Evidence - Red Flag?
Seller has 7 single family homes and wants 100k each. He claims the rents are all $1000 a month, but has never used leases, collects cash only, and won’t provide bank deposit statements or any form of evidence. Won’t ...
Evan McLeish
Apply separatetly for mortgages with spouse to get more rentals ?
I have heard that eventually it gets harder to obtain mortgages after 4 or 5 . Does it make sense for spouses to obtain mortgages separately so can get more overall?Assume that we both make good yearly wages and have ...
Lindsey Matejak
LLC Operating Agreement Question
Looking to chat with someone (ideally an attorney) who knows the ins and outs of LLC formation in Missouri for an urgent issue on a property I'm under contract on.I am working with LendingOne for a DSCR loan and just ...
Michael Mikhail
Benefits of NO-DOC Loans for Multi-family Properties
If you’ve ever considered looking into purchasing real estate, it can almost be daunting to decide what time of property to purchase. The most common real estate investments are multi-family properties. These types of...
Andrew Oslan
Buying 1st real estate deal
I've identified a property out of state with a colleague of mine. We are looking for a quick legal document to split ownership of the house based on money we put in and time that we are taking to fix it up. The lawyer...
Tomas Saenz
Financial Approach to Buying a Personal and Investment Property
Hello BP Community,Something I have been thinking about recently and would appreciate guidance or thoughts on. This year I will be purchasing a personal residence and an investment related property (2 separate purchas...
Tony Kim
Just bought a 4-Unit in LA - Question regarding existing leases
Hello,I just closed on a 4 unit property in the city of Los Angeles with existing tenants. During the escrow process, I received estoppels from each of the tenants attesting to an existing lease agreement with the pri...
Joshua Chen
Out-of-state properties
This might be kind of a dumb question, but when I deal with properties out-of-state, am I supposed to sign legal documentations of the estate transaction process at an office at my state or am I supposed to run over t...