Can someone enlighten me on using Line of Credit as a down payment on a property? My understanding is that the line of credit will count towards the DTI ratio. Will like to know how the whole process works. Thanks in ...
Hello, Kansas City community,
I'm thrilled to connect with all of you! I'm an IT professional by day, but my passion for real estate investing has led me here. Kansas City isn't just a place I want to invest in; it's...
Purchased my 3 unit home last year, I occupy 1 unit. Repairs became more costly than anticipated, subsequently my credit card balance grew.Are there any opportunities available for someone that has encountered this si...
Hey Everyone! I am brand new to the BP community, I have been tuning into the podcasts for awhile but am just now getting additionally involved. I work with an investment group in San Diego, CA as an acquisitions agen...
Hello all! Basically I purchased a SFH for $250,000 here in Staten Island, NY. I put $50,0h00 down and have been making all payments for the past year. I also have around $10,000 in savings. I live in this property, a...
Hello! My name is Joshua & my wife is Natsuko. We are Chibi Moku and travel around the country in our RV filming architectural stories and documentaries.We joined this forum because a lot of our work revolves arou...
Does anyone know any lenders that require only 10% down on a DSCR loan?
Good Morning everyone,This potential tenant is a RN with a retired/disabled husband and her adult daughter, a single mom with Borderline Personality Disorder and her grandson. They have move than enough income to pay ...
I've never used a hard money lender before, but with my first long-distance investment, I thought I'd give it a test drive. A little background: I am a developer, spec home builder, and occasional rehabber. Through a ...
Greetings Fellow REIs,I took the plunge into REI approximately three months ago and have been immersing myself in learning ever since. While I have some liquid cash on hand to kickstart my journey, I'm keen on optimiz...