Hello BP community,

I am venturing out right now on my first commercial real estate deal and need to get my bank loan package together. I own a handful of residential properties already but never done anythin...

Hello all,I have a question regarding getting my first loan through a portfolio lender to finance my first flip. I hear a lot of people say that you should have your financing in place and be pre-approved before looki...

Hello everyone! My name is Kerri Junio. I live in Auburn, Wa which is about 30 miles south of Seattle. I have a husband and two young daughters. I currently am a stay at home mom so my husband can focus on establishin...

Looking to start investments in fix and flip in Cincinnati Ohio. I am thinking a portfolio loan would be the best way to go since conventional will take too long. Do I need to have a property in mind first? Or find a ...

Hello, I have a 12 plex in Colorado Springs and First Bank is handling the loan.  They recently said I breached the covenant of the mortgage by not meeting their Debt Coverage Ratio of 1.3 in 2022.  Due to this, they ...

Hi BPs!I need your feedback on this.  So I've applied for a mortgage loan.  The investment property is in Illinois, a 3/2 house.  It appears that I've passed all the requirements from the underwriter except for one th...

I'm currently living in dorms which cost about 5x my tuition and plan to move out after this semester to my own place.
I just obtained my real estate license today so I plan on seeking help from my broker-to-be in fin...

I own a single- family home in Corpus Christi, TX. The taxes & Insurance ( combined) have gone up $200 a month since the lease was signed. I don't think the market would bear a $200 increase in rent ( when lease g...

Interesting TIME article about root cause of the US financial crisis .... not sure I agree but put a different spin on what I've read and believed before:

"There is no doubt that the pressure on the U.S. financial sy...

Whats the quick formula tom calculate monthly interest payments for a fixed rate mortgage? i.e. just to start with any total balance and quickly figure out what it would cost per month and/or per year with interest an...