Mike Dawson
Loan suggestions on 26 unit?
Hi. I'm looking at a 26 unit motel in a tertiary market. Current financials(according to the P&L) show a little over 35k NOI. Converting to an extended stay, that NOI would be closer to 76k, not including debt ...
Manolo D.
How to build business credit
I know that DnB has something to do with business credit, however, when I called them to ask how I was doing on my business credit, they said they had no records, and it will cost me a thousand dollars to start the pr...
De Chappell
Host Financial Reviews
Hello BP -Has anyone had any experience utilizing Host Financial for financing your STR or LTR properties? If so, please share your thoughts.Thank you!
Rein Behlke
Multi Unit MHP - First Time Investor
Hello. I am looking at an opportunity in my local area where there is a multiple unit mobile home park for sale. The listing shows that it has the potential to cash flow around 5K per month after paying for the loan. ...
Yechiel Mor
Getting financing with a DIR (debt income ratio) of 60%?
Any suggestion for investment lenders that have no DTI?
Or any other ways to go about this?My DTI is 60% due to a personal home mortgage but I have $65,000 in savings I want to use on an investment property. Anyone b...
Coty B Lunn
Deciphering DSCR Loans: A Comprehensive Guide
In the realm of finance, understanding the intricacies of various loan options is paramount for both borrowers and lenders alike. One such type of loan that plays a crucial role in commercial real estate financing is ...
Jason Maduko
1st Time Home buyers in Metro Atlanta
Hello everyone,
I will be a 1st time home buyers and need some advice on what type of mortgage loan I should pursue and can qualify for. I'm looking for maximum of a 120K single family home in the metro Atlanta area....
Carrie Link
Seeking some "rich dad" advice....!
Hello all. This is my first post and I'm looking for advice (so it might be long because I'm desperate so please bear with me and read this if you're willing to help). This isn't really real-estate related but I thoug...
Nickolas Poce
Loan advice for a resort.
I'm looking to buy and run a resort. I found a lender named Steve Mayer of finance holding co. I told him my credit is isn't great and that I recently found out that the resort I was interested in doesn't have any fin...
Neil McCarty
Switching jobs and looking to leverage 401k
Is it a good time to pivot to an IRA in anticipation of future investments? Any advice or personal stories to share on this topic?