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DSCR loans are a fantastic tool for investors and can help them add rental properties when there is not enough qualifying income to get a conventional loan. But, as a Mortgage Broker we look for any and all ways to s...
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Hello, I am an investor, new to real estate, and I have a few questions that I haven't seen answered here in the forums yet (apologies if I missed things, I haven't read everything yet). My questions mainly pertain t...
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BEFORE we get into this post I want to say that the tone of this post may come off like I am a troll. I am not, I am a buy and hold investor who wholesales as well. I know that there are bad apples who call themselves...
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Got a strange one guys. I have a tenant who is married. Husband and wife both signed the lease. Wife is running around and not coming home for weeks at a time. Husband is fed up with her and wants to take her off the...
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*This link comes directly from our calculators, based on information input by the member who posted.
10 unit, 1bd/1bath studios.
Rents @600 each.
Asking 150k but the caveat is the owner pays all utilities.
What are your thoughts on this scenario for a first deal?
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I first posted to these forums about 1-2 months ago looking to get plugged into the community and meet people. Since then, my group and I have closed on our first property in Pensacola, Florida. We bought it using BRR...
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Scenario (using fake names): Kathy and Mike are married but separated. Kathy has a house where the mortgage is in her name only, but the title is in both names. Kathy is looking to sell the house. Problem is that Mike...
We started on the this voyage to do an addition to our 1900 square foot 100 year old home in the Boston Suburbs. The cost was too high and an opportunity came up to buy an older home like ours but is being renovated ...
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Hi BP, I wanted to ask if anyone has experience with or insight on the ease or difficulty of getting an interest only loan on a commercial multifamily property? What does it usually take for a lender to agree to these...