A DSCR loan or HELOC for purchasing another mid-term rental? How does a DSCR loan work? Do they base it on my current rental property or primary residence?
Hi -I'm an investor & new partner working on a $1M+ deal with a syndicator / sponsor. Here's how the deal is being put together:- Property ownership: Syndicator ~80%, rest split among investors depending on amount...
Hello All, When you buy using the BRRR method, what type of loan, time frame, and interest rate do you shoot for? Thanks, as I'm new to this whole thing.
I'm slowly working my wife into the realm of cashing out refinance to buy an investment property but the big hangup I'm running into is the time it will take to manage tenents.I understand some can be a pain in the bu...
Hey everyone. I’m getting to a new point in my investing and want to reach out to the BP community for some guidance. Until now I’ve been able to finance my properties on my own. I have one SFR and two duplexes. I’m n...
I have been watching the north central Florida market for the past 9 months and see no end insight to escalating prices. Would like others' view of the market - seems to me quite volatile to invest in currently, and ...
Hello All-I analyzed and run my first tri-plex to perfprm at >100 per door (which I put down 25%) and look a this as a good rule of thumb. Should I hold this same to be true while analyzing deals with no money dow...
Hello, everyone. I have a question to those of you who have rental properties. I'm looking into buying a duplex as a start. However, how does having so much "debt" (loans) effect your credit score? I'm worried about i...
This might be a stupid question so bear with me. I have a SD-IRA for my child's college fund. It only has $6,000 in it. Any suggestions for investing an amount this small somewhere in the world of real estate? Or mayb...
I can finally originate Fannie Mae HomeStyle Renovation Loans, and I'm really excited!But.From my understanding at this point, there is one major thing that can be a deal breaker: if the appraiser concludes that the c...