if the Deal is Good enough that has 2.0 DSCR, is that Possible for me to get a Private Money/ Hard money loan for the Rental Properties I'm Planning to Acquire? my Credit is around 600 IDK if that's Good enough or not...
I am about to move out of my current residence into a house that I recently acquired last year. I am trying to decide how I want to use this property to move my investing forward.
Mortgage : $94k
Monthly mortgage p...
I have a rental SFH with about 150k to 200k of equity in it.I have already refi-ed it to the point that taking out any more money would make the rent/loan payments upside-down.Last year I acquired with some partners a...
Hi everyone!
i've come across some vacant/boarded up properties that i've been attempting to flip. During my research some of them are defaulted taxes facing auction or haven't been paid yet. I'm assuming i could pa...
Is it better to hurry and pay off my rental property or use the equity I have built for a down payment on another rental?
Hello fellow BP investors,I’m a busy physician working full time and after settling in my practice decided to start investing in real estate. After doing my fair share of reading I decided that acquiring buy and hold ...
I am at a cross roads here and I would be very thankful if I had some assistance. In a year from now come August of 22, 1 of 2 choices will be made. "A" sell a single family property and use the profit to pay down mor...
Purchasing a rental property with financing in an IRA creates a UBIT (Unrelated Business Income Tax) liability. However, If the IRA purchases the property with cash, then borrows to rehab, and then holds as a rental f...
Howdy, BP community.
I've been looking over various MFH in my area, and looking at funding options, and am trying to figure out how to make it happen.
MFH is higher costing, with most being at least $20...
I am looking to acquire my first rental property. I often read how people leverage their money with hard money or private money. I am very conservative, and like to keep my debt ratio as low as possible, and as such ...