One local HML allows up to 3 loans on his own. So that's a useful floor.If you have 10 hard money loans would that draw concern from most lenders? Trying to find out how they think about short term borrowing capacity ...
Im not personally comfortable with variable loans, which is why I stick to the 3-4 unit properties. However, with 3-4 units getting rarer in the area I buy, and 2 units being too cheap and not worth me using a mortgag...
Hello BiggerPockets Friends.I've found a property that is in pre-foreclosure that looks like the numbers are going to work out to fix and flip it, at least at initial glance.What should I do next? I am totally new to ...
I posted this in another forum but I think this may be a good place to post as well. Hello everybody! Happy Friday. I currently have an investment property that appraises at $900k. My primary mortgage is at $550k an...
We're hoping to get some bank financing in the next 2-6 months. I'm trying to crank up our scores as much as possible and am wondering if anyone has any tricks for overcoming the piece of junk scoring models used by t...
Hello all, I'm working on trying to grow my rental business and looking at different avenues for funding. My situation currently is I have 1 SFH rental that is owned by my LLC and doing well, and also I'm doing a liv...
Isn't it just cash directly into your net worth?
When everyone talks about clearing $100 a month for their rentals are they counting principal paydown as part of income or expense?
Hello everyone, I'm considering using a heloc for a downpayment on my first property, however every time I run the numbers through the rental property calculator, the monthly cash flow in usually under $100. I unders...
Building a scalable real estate business requires developing a foundation that can grow efficiently without exponentially increasing operational costs. Whether you’re focused on residential, commercial, or mixed-use r...
Ray Dalio is one of the few guys I follow - he built the world's largest hedge fund Bridgewater and wrote one of my favorite books: Principles.This week he commented on the US-Chinese trade issues and the devaluation ...