To the money community,We currently are doing a cash out refi on our primary residence. We will get 50k cash and will have a 4.875% interest rate. We plan on using the majority of this money to pay off most of our cur...

Investment Info:
Single-family residence buy & hold investment in Sacramento.

Purchase price: $605,000

Cash invested: $140,000

The property was a single family home that we significantly rehabb...

Good afternoon,

I am an aspiring wholesaler with goals of being an eventual buy/flip and buy/hold investor. My business has been on hold for a little bit until I finish my Master's degree in May of this y...

As a newer investor I'm wondering why I would want to max out my DTI before applying for a DSCR loan? Are there any pros or cons to this? Or why would a lender recommend this? Just for reference, I have a good amount ...

In the back of my mind I think to myself, I have 1.4 million. But using the accounting equation, when I look at the 1.6 million in real estate I currently still own and take the 700K in equity and 700K in cash I'm lef...

Hi everyone!I have heard some mixed answers on the following question: do commercial lenders prefer/mainly lend to single-asset LLCs? Or does it not matter?
Moreover, if I have an LLC that already has a financed comm...

I am a 33 year old, with $98,000 in student/car loan debt with an average interest rate of 6%. I have been working and saving all I can for the past 3 years and I have $50,000 saved until now. I am debating whether I ...

Hi friends!I just got my first property and put it out for rent. I have 3 people contact me so far but no serious leads. The property is fairly new and well-kept and I am planning to not allow pets (I miss out on a lo...

I am planning to buy a new rental property with a new mortgage(Conventional 30 year) but was wondering how my old rental property counts in my DTI because I believe my lender is calculating it incorrectly. I currently...

I wanted to know your take on what would be the best way to go. We are looking to flip our first house whenever we save up the funds. We will also be attending our first REI meeting next week to hopefully talk to pr...