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Hey BP Forums! Wanted to share something interesting with the lending community and get your take on it. I was preparing for a conversation with a lender regarding FHA 203(k) loans. I have a basic understanding of the...
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If you buy a rental and you profit say $250.00 a month or even just break even, does the mortgage count against your debt to income ratio or does the rent cancel out the mortgage payment? Thank you.
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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 ...
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I know this has been discussed and I have read a few of the posts in the forums but my answer still has not been answered. In speaking with a friend, he mentioned using a HELOC from my primary residence to put money d...
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Question about hard money lenders for my first BRRRR. If the property has an asking price of 140k and a ARV of 180k. And if i purchase it for 100k. Does the lender do a perecentage of the purchase price for 100k? So i...
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What rates are everyone seeing currently for DSCR loans?
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Hello everyone,I'm new to real estate investing and I'm planning on purchasing my first investment here in the next couple months. What is the standard percentage down hard money lenders require & are they going t...
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Hi I'm new to this site and hoping I can get some advice. I've been battling with BOA for years now and really can't stand these dishonest jerks anymore. I've tried the loan modification process where they strung me a...
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Hello,I'm about to buy a Duplex to be used for house hacking. I'll be living in one unit and rent out the other to make a nice $250 profit as well as no rent needing to be paid on my end. My question is what insurance...
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Purchased 3 SFR at $29K per with cash ($87K total). I don’t qualify for delayed financing so leaning toward portfolio loan for all 3. Unfortunately portfolio loan is variable APR. Can I refi this loan with conventiona...