Tommy Cahill
New to real estate help
I’m looking to buy my first property I’m 20yrs old I have no credit history no debt I applied for a secured credit card to start growing my credit I’m going to deposit $300 and just put $30 on the card every month and...
Steven Violano
FHA mortgage strategies and qualifications for 1st time buyer
I will be repatriating to US after selling a small business I founded and ran for the last 9 years. I plan to owner occupy a small multi-family to begin building cash flow and income ASAP. I have 775 FICO score and ha...
Mila Posternak
Would You Invest In This Property?
I'm pretty new to investing in houses so I could really use some help here. Thanks in advance. Here is the math that I did:$100,000 down on 500k single-family in New Brunswick Nj, very close to the center of Rutgers C...
Tyrell Proby
Oh, you sent in an Application for a DSCR Loan?? This is what Lenders will look at!
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....
Account Closed
HELP!!! Downpayment loan for unsecured PLOC
BP community, I'm asking for your help! I'm in quite the predicament.I have a great opportunity in front of me to start the real estate journey I've always imagined.... Buying a multifam with a partner, our projection...
Leon Wang
How can I get a loan with no credit score and credit history?
Hello BiggerPockets members, My name is Leon.Before I tell you about my story, I will appreciate any advise you guys have.I'm a Chinese and bought a handful of condos in Orlando FL last two years. All these condos ar...
Damon D.
Out of state investor looking for small multi-fams in Tampa area
Hi all,I'm a former resident of Tampa who moved out of state to MA a few years ago. I still hold some assets in the Ybor area, but I am looking to get into small multi-family properties (6-20 doors depending on opport...
Derek Buehner
Qualifying for a second mortgage with a STR
What should I expect when applying for a second conventional loan to purchase a primary residence, considering that I have an existing short-term rental property with a year of history and an average monthly profit of...
Bo Badalich
New investor need help with seller financing.
I am a new investor in the minnesota market and plan to invest in sm multi family and student rentals. i haven't done a deal but I have spent the last six months listening to every BP podcast that I can (5-6 per day ...
Shawn H.
Can I reject applicants based on too many adult tenants?
If I understand correctly, I can set the maximum # of occupants per unit. Can I also include maximum # of adults. For example: Prospective tenants are 2 married adults, they have 2 sons, 21 and 24. One of the sons has...