Daniel Mendez
Who's your go to lender for DSCR loans?
I am looking to invest out of state and I am considering using a DSCR loan.Who would you recommend?
Jacob Dancy
Need some creative financing minds on a good deal I’ve got
I’ve got a 5 unit apartment that I’m working on purchasing direct from seller. The seller is an old timer and does not have rent rolls or written lease agreements but has had rents low for 30 years. He wants $250,000 ...
Thadeous Larkin
HELOC in Syracuse, New York
Hola friends,Hypothetical: I buy a house in Syracuse for cash and then need to finance the flip. (Don’t fight the hypothetical, that’s the situation)In trying to finance the flip, which will cost between $40-$50k, th...
Amanda Miller
Financing routes for rental property and primary residence
Hello all, newbie here,I am looking for advice on which route I should take for financing. My story: currently renting but recently found a triplex I’m interested in as an investment property. My lease is up in Octobe...
Hodari Howard
My condo purchase is falling apart. Could use some advice.
I am two weeks away from the closing date on a 2b 2b cando. Received the Appraisal yesterday, with an estimated $1700 of FHA required repairs and the seller refuses to make any repairs. The lender doesn’t do hold back...
John Kim
[CALC] $80k on $1.3M cash deal for 4 family Jersey city
In my local area (Jersey City, NJ), 5% caps have been the norm.
I'm eyeing a 6% cap paying full cash. Historically, I would finance as much as possible, but obviously 6% cap in an 8% borrowing environment is nonse...
Joshua Smith
First Multi-family House Hack/Seller Occupant?
Hey BP Community - first post here from a new investor. My wife and I are finally settled down, and have been looking around the area for multifamily properties to owner occupy as a lower point of entry and lessen the...
Brett Baginski
Duplex Question- Almost Break-even Cash Flow
Hello all. There is a property that I want to look at that has been under contract and back on the market twice already, listed at $265,000. It is in an improving area, right next to the waterfront and downtown, and...
Steve S.
Using TD Ameritrade margin for down payment?
Anyone done this? I have a substantial portfolio there and it seems I could get a margin loan to pay a downpayment on an investment property for a short period of time. Interactive Brokers has significantly lower mar...
Joe S.
Wholesaler renegotiated the contract after they assigned it
So I’ve had this happen twice in a relatively short period of time and I’m a bit confused about it.The first time it stood out I went and looked at a property and I told the wholesaler I could only give X and they gui...