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Results (10000)
Michael Moreno Questions Regarding my Real Estate Strategy
26 February 2024 | 50 replies

Dear Community,

I hope this message finds you well. I'm currently faced with a financial dilemma and would greatly appreciate your insights and advice.
Background:
I am 23 years old and earn a monthly salary of $...

Deborah R. rental applicants with bad credit -give them a chance to explain?
22 June 2017 | 13 replies

I am managing our first property by myself for the first time.  I am doing it "by the book" - Brandon Turner's book.   Rent is $1500/month for this SFH.  I have two applicants (single mom and a couple) who seemed grea...

Yandry Mastromihalis Selling home to pay off debt!
25 May 2019 | 35 replies

Hi BP ! My husband and I are selling our primary residence to pay off all our bad debt and get started in realestate investing. We plan to rent for a year until we save up for a downpayment or buy cash. Should we get ...

Adriel Cisneros Will an unpaid collection and / or closed account count towards DTI ?
15 April 2023 | 5 replies

BP Family — How will a lender evaluate a FICO 8 score with numerous closed accounts? Is DTI only impacted by open revolving and non revolving accounts?Alternative approach may rest with seller financing. AC

Josh Gaddy Do The Numbers Work?
13 December 2007 | 2 replies

First of all, I would like to say that I have learned so much in the short period of time that I have been on this forum. It is a great place to learn and connect. So thanks for that.

I have a possible deal that I ...

Albert F. Using home equity loan to buy a rental property
29 January 2016 | 4 replies

hi all I need a little advice on a what I think it's a good deal. I'm trying to buy a Reo in Puerto Rico. It's a multifamily and need about $25,000 in repairs. The first level has 4 bedroom/ 2 bathrooms and garage for...

Matt Finneseth Put cash flow towards principle?
9 December 2016 | 42 replies

This is something that I haven't seen yet as far as an investment strategy. I've thought about taking the cash flows from the rental and putting it towards the principle on the loan in order to expedite acquisition of...

Adam Milewski Waikoloa Beach - Hawaii
27 June 2019 | 1 reply

Considering buying a short term rental - wanted to know if anyone here has had any experiences, good, bad, ugly?   The financials look pretty sound to me.  HOA's are high, but overall seems like a good bet on the outs...

Justin Cummings BRRRR exit strategy or next steps?
20 November 2024 | 14 replies

Does anybody have an exit strategy for BRRRR setups?In the 2010s we did the BRRRR thing not even knowing that the acronym existed and now we're are in a good, but complicated situation.- The commercial mortgages (all ...

William C. Bankruptcy and rent to income ratio
24 January 2014 | 12 replies

A tenant that applied just filed Chapter 13 Bankruptcy several months ago and has a 600 credit score. His gross income is 4.6 times rent, but he has some after tax deductions (including bankruptcy payments he just...