Jeff B.
What is DTI & how is it evaluated?
Debt-to-Income Ratios are the heart of lending, after all, the new loan needs to have a hope of being paid from income. Notice, ratios, plural. There are two and they indicate different risks to the lender, Front-E...
Nelson Kingery
Starting Out - Structuring Partnerships
Hello Bigger Pockets,I've been listening to the podcasts religiously for the last couple of months. I've began going to open houses and would like to get started in the Oceanside/Carlsbad market. I am looking for sugg...
Lisa Wright
An Interesting Scenario.
So, let me start off by saying... I'm not a Real Estate Investor, and this is definitely is not my main expertise. Although, I've been trying to read up and have been reviewing BiggerPockets for several months. A very...
Greg Rementer
moving property from personal name into LLC
Hi Everyone with experience with moving your title into an LLC for corporate protection. Once the title transfer has processed, in terms of switching all the bills into the LLC bank account, do I just move the mortga...
Philip Briskin
Cash Out Refi on Rentals
Hello - I recently moved 3 properties out of my SDIRA so that we could take advantage of the tax benefits. These houses are currently deeded to my husband and we own them free and clear. We are looking to take advan...
Ruth S.
Is a promissory note needed for each state I use a private money lender?
Hello Community!I'm wondering if I need a different contract in each state that I plan to invest in and use a private money lender to fund a deal. Could I just use a general standard contract for each state? If not, h...
Eric Sato
Fun question - Should I buy more Japan Real Estate (based on general RE principles?)
My question uses details about real estate investment in Japan, but I am looking for general advice based on, hopefully consistent, basic principles of investing in real estate.
I have mortgages on three long term...
John Richardson
Low down payment 5%
Was wondering if anyone knew of any lenders that do 5% down payments. What are the requirements typically and does what's your experience with it? Thanks in advance
Account Closed
Rental Property Tax Question
If an individual purchases a rental property and incurs expenses for property management, maintenance, and mortgage interest, how are these expenses typically treated for tax purposes, and what impact do they have on ...
Desiree Rejeili
Understanding Mortgage Recasting: What Homeowners Need to Know
When it comes to managing your mortgage, most homeowners are familiar with refinancing as a way to lower monthly payments or take advantage of better interest rates. But there’s another option that’s often overlooked:...