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Results (10000)
Grayson Gist Why is DTI so hard to overcome?
10 July 2019 | 12 replies

Hey,Long story short is that I’m trying to buy a second Fourplex and lender’s are quick to say no. I currently own one SFR in Oklahoma, and one Fourplex in Kansas City that I owner occupy. My wife and I are trying to ...

Paul Tyrell Investment analysis
8 February 2013 | 4 replies

The snow is starting to fly here in the Northeast and I’m trapped in doors for the next 24 hours.

With the free time I thought it a good chance to get reassurance that my current deal is a good one.

I bought a 2 fam...

Ron H. Fannie Mae Opens the Floodgates: What's Your Opinion?
28 September 2015 | 5 replies

What has me wondering if I'm seeing straight is the article linked below describing a radical easing of credit standards.  Fannie Mae has unveiled a new program that allows previously excluded sources of income.  I wa...

Roshan K. Has anyone successfully scaled SFHs?
7 July 2018 | 7 replies

Lots of people on BP say it's not easy to scale SFHs (including duplex, fourplex etc), so I'd love to hear the opposite viewpoint from people who have successfully scaled. 1) So who here has a ton of SFH (single to 4p...

Account Closed 50% Rule incl. Prop. Tax & PMI?
15 June 2009 | 5 replies

Does the 50% of expenses incl. Prop. Tax & PMI? Here's my situation and whether or not I include it in my evaluation.

Example: duplex (2 units) 100k financed; no rehab necessary; "as-is"

Gross rents: $1,730

50...

Marc Celestin Note Buyer/Loan Mod
15 November 2016 | 6 replies

I have a property under foreclosure, that my ex-wife failed to pay.  I was contacted by Kajaine Capital and the informed me they did have the note to this property.  They offered to loan mod or deeding the property ov...

Joshua Davies LLC Lending Question
7 May 2018 | 6 replies

Hi All,

I have recently created a new LLC in TN for the purpose of Real Estate Investing and the LLC has 3 members (33.3% each) including myself and 2 foreign investors from the UK. As my partners are foreign, they ...

Peter Grosso Hard Money Beginner
27 August 2014 | 3 replies

Anyone have a synopsis of what it takes to get a hard money loan? What questions should I ask? What do they need in order to approve a loan? Any tips for shopping around a loan? 

Vilson Nikollaj Is there a tax deduction for defaulted loan interest not-paid?
18 August 2017 | 5 replies

Moving this post to tax forum... Think answer is no, can't claim unpaid interest on 1099-C, but @paresh patel brings up good point about what hte Box 3 pertains to. Anyone know what the purpose of this is?But if Inter...

Craig Curelop House Hacking Case Study -- Denver, CO
11 May 2020 | 7 replies

Hello everyone! I know times are tough right now and the worst part of it all is the uncertainty and the lack of control we have dealing with this coronavirus. The only thing we can do is prepare ourselves for the wor...