Nick Leamon
How Does DTI work within an LLC
Hey there BP Nation,I have scoured the forums for an answer to this question, and I have left more confused than when I started.How does DTI ratio work when you own some homes under your name and some in an LLC?My sit...
Mike Rash
Buy a NOTE to aquire a PROPERTY
I am interested in a property that is going through pre-foreclosure for the past year... Here are the FACTS:
1. Property was purchased in 2006 for 450k.
2. The owner took 3 mortgages: 1st - 350k, 2nd 100k, and 3rd...
Chris Hays
pursuing new real estate ventures in Corpus Christi Texas
just wanted to say hello and introduce myself! my name is Chris and i moved to Corpus Christi Texas about 13 years ago from Ponca City Oklahoma. im 41 years old and spent my whole life working a w2 job, 10 years as a ...
David A.
Do you disqualify a tenant with a criminal background?
I am screening a tenant but there are various red flags on the mysmartmove report. First is about a 20k credit card debt but also a 5 year probation for theft $20k. Do you or have you ever accepted a tenant with a ...
Alexander Scher
Underwriting MTR for DSCR Loan
I'm interested in getting into the MTR space, and I want to use a DSCR loan to finance the rental. What're some tips for underwriting a MTR (or even STR) if you've never owned one? It's easy to estimate rental income ...
Rich Solano
Interest Only Lenders / Loans for Long Term Rental Investing
I am looking to purchase a few rentals properties on deals that came in through my direct seller marketing. I intend to buy them 10-30% below market value through my LLC. CoC return on these condos are from 12-15% wit...
Nathan Shepard
Starting Young In Real Estate: Hi My Name Is Nathan
Hello Bigger Pockets Community, My Name is Nathan Shepard, I'd love to tell you a little bit about me. I'm currently 20 years old and I work full time as an automotive technician at a new car dealership. May of 20...
Mary Holland
Hey everyone! Has anyone here gone through the application process for DSCR loans?
I'd love to hear about your experiences and how they compare to other types of commercial real estate financing. Any tips or advice would be super helpful!
Account Closed
First Apartment deal
I submitted an offer today on a commercial deal. This not the first commercial deal I have looked at, but this deal looks like it will go through.
I've done my preliminary due diligence and reviewed the numbers. ...
Elizabeth Sky
Bankruptcy or not?
Hi there-I am in debt to credit cards. I have a low-paying job and at this point, no retirement. I am in my mid-50's, so I am a late bloomer to investing. I thought that claiming Chapter 7 would be a good idea, in ord...