Andre Alves
High DTI- have assets to use as collateral but can’t get loan
I have been investing in RE for the past 3 years now. It’s been a great journey! However, I’m stuck now.
My debt to income is high and I can’t get any new loans.
I currently have 2 properties in Orlando Florida, fre...
Isaac K.
Newbie from Baltimore, MD
Greetings Fellow BiggerPockets Fans & Followers,Am Isaac from Baltimore, MD, working full time in public service and trying to become an entrepreneur/investor/Mr. Real Estate somebody. Not sure how to introduce my...
Al Williamson
Do Landlords Have Neighborhood Obligations
Are landlords obligated to contribute to the community surrounding their rentals? If so, do you think landlords in a well-to-do community have less community obligations than owners in low income neighborhoods?
I th...
Account Closed
Seeking CPA to handle form 1065
This is my first year putting a single property into a LLC. I am having issues and confusion on trying to fill out form 1065 so I am looking for some guidance.Is there anyone in the Sacramento area that is specialized...
Michael W.
Liable for leasing agent commission?
I have a vacant unit in a strip mall that I'm trying to lease out. A prospective tenant contacted me, however he couldn't provide proof of sufficient income, so I declined.A couple of weeks later, a leasing agent cont...
Greg P.
Short Sale Agreements?
Hello. We are trying to negotiate with a few lenders and was wondering if anyone knows where to get some contracts. The main contracts "I think" I would be looking for is a release form so I can speak with the bank ...
Nick J.
WTF BofA????? credit checking sellers?
Some agent that hasn't figured out that working with me will be waaaaay easier :roll: posted on her FB wall this morning an article by some other dude on some Broker/agent site: blaaaaaaah
Anyways, it appears during ...
Sebastian Sovero
Non-Disclosure by Seller and by HOA during Escrow. Is my deposit at risk?
Hi, I'm in the process of purchasing a condo. My escrow and inspection period are over, closing in two weeks. Deal: Purchasing property for full asking, and also agreed to pay $13.5K due to association for concrete re...
Account Closed
How does seller financing effect my debt to income ratio?
Hello,
So, I believe these are the three things looked at by a lender.
[1] credit score
[2] debt to income ratio
[3] how much money I make a year
I can control my credit score, but I can't control my job income (to ...
Reece Gaynes
How can I get compound interest?
How can I get compound interest and what will it do for me financially?