My understanding is you can get a DCRS loan at 1.2 - 1.25 debt service coverage.
Assuming the property is currently being used for short term rentals:
What is stopping me from acquiring a property having less than t...
NOTE: This is @Jay Hinrichs development, I am posting pics as he was having issues with his computer. To all that may be interested.. this is a 27 lot subdivision we (Jay Hinrichs) just broke ground on 10 days ago. T...
I need a strategy.
I'm retired, but never got into the BRRRR. I have $1M cash and $1.5M in paid off real estate assets, no debt, and no 'real' income. 830 FICO.
I want to leverage my assets and start BRRRR to secure...
Hey BP,I am turning to Wholesaling because of a temporary defeat I faced with buying a property this summer. I have realized that It is important for me to get a bit more knowledge and capital through real estate befo...
Hi guys!So, I am new to this Wholesaling game and while practicing my due diligence, I have run across a potential disaster. I live in the state of Georgia. I have a deal that i have been working on and have taken tim...
I just purchased a 52 Unit apartment complex for $1,975,000. I put 20% cash down and got a 7 year fixed rate of 4.55% amortized over 25 years from my bank with .25 origination and receive approx. net cash flow of $6,...
Hello Biggerpockets! I have found my first seller who is ready to sell. They have lived in the property for many years and I do not believe they have a mortgage. I know a little bit about wholesaling however I do not ...
I have been online for hours, looking at local investment opportunities when I came across this Freedom Mentor apprentice program. I was so excited about it I signed up to see if I was eligible. I guess I will get a...
Help is appreciated on my first wholesale contract. I put a property under contract with a 30 Day Option period. After we signed I could not find a buyer. (I offered about 20k too much) Seller wouldn’t go down. I file...
Will be cashing out soon from a company buyout. I will end up with about $400K cash after taxes. My first impulse is to purchase 4 $200k homes with $100k down on each and rent them out. The thinking behind that is ...