Hi everyone! I found a duplex in the Cleveland area that is listed for 85K and rents come out to around 2k/month. I would like to use a DSCR loan, but I've heard that you can't use DSCR loans at that price point. Is t...
I have a free and clear, rented property I intend to keep for now, but want to get a loan to pay off another property's loan to 1031 it with no mortgage balance. Is the DSCR loan possible in this situation assuming t...
Hello, i'm looking to get a loan for an investment property in dallas but can't go the traditional route due to too high of a DTI and being a business owner. Any recommendations on how to get funds for property? Curre...
With more leads coming in I am considering taking on an assistant. My first thought is to hire a buyer to train, assist with marketing, visit properties, and make offers. If you have buyers on your team, how do you c...
Hi everyone,
I'm new to this. I'm helping my father expand his RE portfolio. He's obviously more experienced since he already owns one CRE property.
I have some questions.
He wants to stick to Bank Financing over ...
In speaking to someone who is starting with Flipping/Rehabbing homes. If someone were to seek a hard money lender to aid in the finance of purchasing a property and the cost of the rehab for the flip, How would someon...
Hello everyone, I am just starting out in Real Estate and I am looking for some advice on how to get started. I would like to know how to get pre approved for a mortgage to purchase a US Property, preferably in Florid...
Hello Everyone,
I appreciate you for taking time to read this. I Just joined bigger pockets pro as im ready to jump Into the game and make some moves this year. I am looking to my first property this year. I have fun...
Once I made the decision to start flipping towards the end of last year I was eager to begin. Maybe too eager? There was a property being auctioned the day after Christmas. It was listed as a lender approved short sa...
Hi everyone! My name is Morgan and I am new here on BiggerPockets. I just finished the book "How to Invest in Real Estate" and am excited to join this community! I am leaning towards the strategy of house hacking, and...