Eran Hahn
DSCR LOANS recommendations in St. Louis
hi. does anyone have any information regarding DSCR loans in St. Louis, MO?
any advice as to which banks or credit unions offer the best deals would be appreciated
Thank you
Khalipa Oldjohn
What does property sales instrument code OR and CD mean w/r/t a vacant lot purchase?
Hi, so I won a tax deed at an auction for a vacant lot but I am trying to determine if there are a bunch of leins on it. The last few sales codes say CD, QC, OR, OR. I know QC means Quit Claim but what does OR mean? A...
Nancy Durso
Exploring Financing Options for Real Estate Investments
Hello everyone,
I'm currently delving into the various financing options available for real estate investments and would love to hear about the experiences and insights of fellow investors. Specifically, I'm curious ...
Tommy Cangelosi
HELOC question for experienced lenders
I’m thinking about bidding in an online auction that starts on Thursday for a local single family home. You have to pay cash in order to purchase. I have a few questions about HELOC loans. I have a lot of my cash tied...
Bill E.
Kitchen and Bath Replacement for BRRRR Method
I have a question for those of you using the brrrr method. When replacing a kitchen and or bathroom in your property, do you use low, mid, or high grade materials? Does this effect the refi appraisal? Also does anyone...
Andrew Kniffin
Seller Subordinated Carrybacks on MF
Hello BP Nation:On MF transactions, Sellers often will carryback a subordinated note (junior to the bank note) in order to lessen the upfront capital requirements of the Buyer. Can someone tell me more about the natu...
Jenna Wright
Multi Family Financing
I am looking at an 11 unit multi-family property. What are my financing options? Local banks? portfolio lender?
I would really like a 15-20% down with a 30 year amortization, would do 15 year if interest rate is low...
Jonathan Lilly
Estimation Values
Couple of quick questions here. First, in a book I read, it stated that on average, a landlord can get 1% of total property value in rent per month. However, in the ultimate beginners guide, it stated a landlord shoul...
Gulliver R.
Typical Monthly STR expenses
Hi All,
I'm doing some STR research prior to buying a property to use for vacation rental and I wanted to hear from you all what are the typical STR monthly expenses? I can think of mortgage, taxes, insurance, STR i...
Stephen Frick
Private Money agreements
Quick question on the subject of private money.
What are the typical terms in years, rate, amo schedule? Need help to know what I'm up against when trying to raise capital for a deal.