My understanding is you can get a DCRS loan at 1.2 - 1.25 debt service coverage.
Assuming the property is currently being used for short term rentals:
What is stopping me from acquiring a property having less than t...

Hello all! I am starting a real estate business just South of Nashville, TN. One of my business partners is my Uncle who has acquired 280 units in Southern Illinois in just about a 10 year span. He started out with a ...

Does anybody have any suggestions for the best mailing list provider to use?

Hi BP Community
Today I got my annual BP membership renewal notice and I realized it's been a year since I joined BP and purchased PRO package (I pretty much bought it immediately, maybe a week after). I just wanted ...

Advice needed on how borrower should proceed with collecting overpaid Mortgage Insurance Premium. FHA loan met 79% threshold as of September 2016 and borrower requested cancellation of MIP payment early 2019. Amount o...

Hello Bigger Pockets!My name is Christian Abel, and I am in Mobile, AL. I am a services technician for Schneider Electric (Square D Services), and formerly a Navy Nuclear Electrician Submariner. I do testing and commi...

Hello Bigger pockets family. My name is Saquawn Figaro I'm 23 years old residing in the New Jersey. I'm married with two daughters and I'm an Airman in the United States Air Force. I'm looking to take my family to an ...

Do you guys have a suggestion for a good loan servicing company that calculates their provision on a percentage rate and not a fixed rate per transaction? I am closing on 6 seller financed properties this month and th...

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What's going on BP family?! I am currently active-duty Marine Corps & I get out in 4 months. I’m working on getting my license to become an MLO. I'm just curious on the habits I need to develop, habits to stay awa...