It is my understanding that to qualify for a conventional mortgage, banks generally have a 28/36 DTI limit, where front-end value of 28% is based on PITI, and back-end value of 36% based on total revolving debt.

Firs...

I’ve been invested in the Ashcroft syndication fund since 2021. The GPs recently paused the class B distributions on account of high debt service fees and obligation. They had purchased rate caps and that helped pay f...

What do banks/lenders consider when someone wants to purchase a multi-unit rental? Is it based on tenant occupancy or additional factors?

G'Day everyone,I hope you're all off to a great start in 2019.Over the past 10 years we have gotten used to an expanding economy and marketplace where we have forgotten that down and negative exist.When everyone is ma...

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Hey BP community,I'd like to get at least 1 mortgage for my 2 SF homes in Cleveland so I can buy more property. They are currently held free and cashflow at about 1500 per month. One is worth about 65k, the other 100k...

I have a portfolio that I have owned for 3+ years. Selling for 700k.

Total purchase price that I paid was $400k.

Let's say that $100k is from "after-tax money" for down payment/rehab cash and the ...

I have a couple applicants that are married with a newborn baby. She plans on staying home with the baby. They both have mid 700's on the smartmove application, which I think is really good. They both are college educ...

I am from the southern New Hampshire area trying to get my financial freedom started. I love to network and get to know how people think to expand my horizon of knowledge and ideas. I have been saving/investing into m...

I've been reading with great interest the articles by Ben Leybovich, especially the dilemma regarding obtaining non-recourse financing for the debt portion of  deals. I think doing the larger deals the - GP/Syndicator...