Thomas Gentry
Financing options - DSCR
Hello BP community. Long time lurker but now am ready to get in the game. I have a couple of questions about dscr loans. What ive gathered- ratio of 1.2 or higher, 25% down, need around 6 months piti left over in bank...
Kosh Vokter
Mortgage Lenders & Impact on Credit Score
I am getting started with investing in BRRRR. I haven't found a property that I like to invest yet, but I want to identify the lenders, get pre-approved and get all the paperwork done and out of the way. That way, I w...
McKensie Hogstrom
I am about to do my first tenant app/background any advice?
Hey guys! I am about to have my first renter, what are some do's and don't that you would recommend? Any advice is welcome!
Enrique Laguna
Starting out after the military
I am about to retire after 24 years from the Marine Corps. I already own one rental property in NC and I want to expand not only in that area but other states as well, I am currently in California and own my own prima...
Matthew Crivelli
Your Private Mortgage Travels Far and Wide
Ever wonder why institutional lenders have hardline qualification's when it comes to, credit scores, cash on hand, property valuations and location?The Reason behind this is because once your loan is originated it get...
Cirilo Villar
I have a 750 credit score how can I start REI
So ive been trying to get a wholesale deal for months now I have put so much effort and tried so many strategies with no avail. However I have been, simultaneously, getting my credit score up. How can I use my credit ...
Eyal Keler
First time investor
Hi there to everyone my name is Eyal I’m a newbie into real estate I would like to purchase an investment property in Ohio But at the moment I don’t have a social Only ITIN With good credit score is there a bank that ...
Tyler D.
How to qualify for $500k in mortgages?
I currently have $150k and am looking to pick up $500k in homes over the next year. In particular I want to get 10 x $50k homes.My taxable salary is low at $36k per year, but I have a large amount of tax-free income (...
Charles Heyward
Three Reasons Why a Short Sale Is Better Than Foreclosure
What not many Realtors or advisors are willing to admit from the very beginning is that when a homeowner is in debt, both the foreclosure and a short sale can have a devastating impact on the credit history. However, ...
Desiree Smith
Credit Issues
I am 24, my credit has been totally shot from school loans and credit cards the amount isn't high but many deragatory accounts. i currently have 40k in the bank and want to buy a duplex. i'm assuming it would have to ...