Charles Worth
Lending Against Crowd Funding Interests
I am wondering if anyone has found a good way to deal with an interesting problem that holdings in syndications can present for those who do both syndicated deals and direct investing. The problem is that, unlike hold...
Daniel Moreno
Can I use equity to pay off debt and buy first REI Property
Currently in Gilbert, AZ. House is paid off and valued at $420k. I want to get started in Real Estate Investing but I have a 689 Credit Score. Thinking about getting a Home Equity Loan and using that to pay off debt (...
Paul M.
Apt building financing and personal finances
I'm learning about/shopping for financing for 5+ unit residential properties, after having only owned 2-3 unit buildings. I'm finding that the banks only care about the property itself supporting the loan, even thou...
Ryan Moore
Debt Coverage Ratio on Residential MF is not a thing, correct?
Debt coverage ratio is only for commercial loans correct? It is not a figure I need to be concerned with for purchasing 2-4 unit MF properties? Is the residential loan equivalent the DTI?
Jon Joseph
How to expand
I now own two single family properties. The second is my primary residence. The first I'm renting at 700 with my mortgage at 555. Both were purchased at 70,000. My goal is to eventually not need w2 income to sustain m...
John Paul Whaley
Selling my car for the cash
Right now I drive a $30K car. I am thinking of trading it in for a $15K-20K car to put some cash in my pocket to start investing in real estate.
I am wondering what a lender would prefer to see on an application. So...
Christopher Nemlich
Cashout Refi reason being asked
Hello,I'm currently working to cashout refi my primary residence as I believe I can free up 80-100k to invest with. In working through the process with the lender I am now being asked for the reasoning for my cashout....
Matt Smith
Loan for house hack and/or airbnb
I'm ready to move onto my next house hack. I'm in the Tampa Bay region, and would love to find a place directly in Tampa. As many of you know, Tampa is expensive. My W2 income wont qualify me for anything in that area...
Account Closed
Selling property
Hi all,
Can anyone tell me that Is it a good idea to sell the property when the market is not up and going down. Any help will be appreciated.
With Regards,
Jaren Taylor
Financing Apartment Deals
If raising all cash would be my primary method for funding these apartment deals, what would be your guys contingency in order from most preferred to least preferred. And how would that effect your overall plan?