Does anyone have any information on DSCR loan, they can sure, It would be greatly appreciated.... Thanks!
Hello, I currently work 2 full time times (no fun) and make about 180k a year gross. I have about 40k in my 401k (Which I could take 20k out for a loan for a downpayment). My wife didn't work for a over a year and now...
Hi BP, little background: currently own and renting out a triplex, the property mortgage is tied to my name ( No trust, corporation) holding the property. Now my current plan is to purchase more rental property, how...
I have a duplex I am trying to refinance. I purchased and rehabbed it, using a short term loan. I now need to refinance to a longer term loan. A local bank initially seemed interested. It cash flowed with just one ten...
I'm exploring options to generate enough funds to purchase a $450k investment property but don't have the liquid cash. I have another rental property free and clear and considered securing the funds by taking a mortga...
I have been looking to buy my first buy and hold rental for about 18 months. I have enough cash on hand for a 20-25% downpayment and a contingency fund. I have an area and investment strategy in mind but when I went t...
Intentionally waited till after the elections to ask this question. I’m looking for actual info. Anyone jumps on with political agendas I’ll dog them. Was watching a YouTube and they mentioned the fed can’t increase t...
Hello all, I'm a new graduate and eager to begin my real estate endeavor but first I am considering how to handle my $120,000 student loan debt, which is currently financed through direct federal loans at 6.8%. I will...
Income: -$3,000 ($2,400 after taxes) salary-$500 ($400ish after taxes) dividends/commissions-$1,575 in rental income for my owner-occupied duplexDebts:-$950 mortgage for my duplex-$50ish for min. c.c paymentHow I thou...
Hi All,There seems to be 3 common approaches to financing rental properties:1- Buy in cash. Hold in cash. Debt is bad. 2- Buy with the absolute minimum necessary out of pocket for the longest possible term.3- Somewher...