Mohammad Fanaei
How is DTI Ratio Calculated for Buying Second Househack?
I bought my first househack last year, and I am getting ready to make an offer for the second one. My question is about how the DTI ratio is calculated when I apply for the second mortgage. My understanding is that as...
Katie Neason
Comm'l Office Bldg Under Contract-Too small for nonrecourse loan?
I have a commercial office building under contract. It is in downtown of my home town. It is a shell and will require a remodel. Our downtown is a thriving and growing place. I am partnering with a long time friend ...
Blake Furtick
Lending for investors with multiple mortgages
Hey guys,Hope everyone is doing well! I just had a few questions for you all. My wife and I have been investing in real estate for the past 5 years. We have 3 SFH and a primary residence. We currently have a total of ...
Tryston Erwin
First Deal Analysis Check
I am a new investor. I binge read Rich Dad Poor Dad and I have been fanatically listening to BP content on youtube for a month now. I plan to BRRRR my first deal and below are some of the data points I am using.This i...
Mark S.
HomePath Renovation Loan
So, I got my first property under contract!! 3 BR / 2.5BA, 1,248 sq. ft. townhouse. It's a Fannie Mae HomePath property (foreclosure). My agent asks me whether or not I'll be using the HomePath renovation mortga...
Bruce Clark
My first flip - analysis, tips, suggestions welcome!
I have some buy and holds and am relatively comfortable in that space. However, I am attempting my first flip. I am partnering with a friend who is a general contractor (with an accounting degree). I found the deal an...
Mya Toohey
STR APPRAISAL VALUE FALLING SHORT
Hello all,I recently had this happen, I have a client working with a great lender doing a DSCR loan. We paid at market value for the house and the value appraisal came back great. Fast-forward to today- appraiser sai...
Mario L.
Hard Money Lender 101
Hello everyone!! I have been doing a lot of research lately of rental properties and mortgaging. I have read and watched videos on the concept of hard money lending. Can someone break down the idea of hard money lendi...
Ian Stuart
AMA - Agency Multifamily Debt (Freddie Mac & Fannie Mae)
BP Community:
Hope you’re all enjoying the bear market!
My name’s Stuart, I’m an agency multifamily lender with Berkadia that finances apartment buildings throughout the Western US with Freddie Mac and Fannie Mae. ...
Sean Starkey
Looking to get my second property!
Here is my situation and if anyone can help that would be awesome. we bought our primary residence in Huntington Beach then got a HELOC on that property to buy a short term rental in yucca valley near Joshua tree nati...