Banis Boortian
How much on average can i finance?
if im making 3000 a month (example) how much of a loan can i get to buy property? With good credit
Marshall Shen
Deal Analysis for a Chicago multi family property (5 of 30)
Hi there,
I'm doing a 30-day deal analysis challenge where I analyze one deal per day. This is my 5th day :)
Based on the asking price, I estimated it will generate a negative annual cash-on-cash return, assuming 20...
Alecia S.
Owner financing property
I have a property I am thinking about owner financing to buy. I am not sure how it works. I offered 10000 down payment with 300 a month payment and a balloon payment at the end of two years with4 percent interest rat...
Hank Powell
Non Occupying Borrower Overlay HELP
I am a non occupying coborrower, on a rate in term refi, attempting to purchase my first home. The issue I am running into is lenders having an overlay requiring 12 months of payment receipts in order to dismiss this ...
Dan L.
Debt-to-income (DTI) ratio during COVID
Hello everyone!I've had a quick thought this morning about how debt-to-income ratio is currently being calculated.I am aware of the normal calculation but with all the student loan and mortgage forbearance we are curr...
Lee Ancona
HELCO scenario
Hello guys/gals,I have been browsing through bigger pockets for some time now and finally ready to post some questions and comments. First off let me explain who I am and where I come from. I am currently active duty ...
Frankie Betancourt
Please Explain hard money loan
Ok i have watched many videos and looked online but none explained a simple answer im looking for Usually i read hard money loans go by points and high interest etc..and are short term typically 1 year....SO does that...
Noah Weitzman
Principal Payment Quandry....
Hello! Thanks for reading this and for the help. For all you short term rental owners out there, when you are calculating your return (cash on cash) are you including principal as an expense, income, or deferred until...
Angela Mast
5/1 ARM Refinance (and sell the property within 5 years)
Has anyone refinanced a 30 year fixed mortgage into a 5/1 ARM? I'm thinking about doing this to significantly lower my payments for the short term. With a 5/1 ARM, the rate is fixed for 5 years (60 payments) and then ...
Ed L.
Accepting partial rent????
Hi All,I have two tenants that have been with me for just over a year now. Their lease is officially expired and they are going month to month. They are nice enough fellas, but they are habitually late every month. ...