Christopher "Bear" DeSanctis
DSCR Ratio - how is NOI estimated
Considering that DSCR = NOI / Debt Service and NOI = Gross income less operating expensesWhen institutions are looking at operating expenses for a new purchase, how are they calculated? For example, if we know the g...
Brian H.
Government shutdown and Section 8
I'm a new landlord. I have one section 8 tenant in one of my units. Does a government shutdown affect getting section 8 payments?
It isnt the right time of month to affect me but I was just curious in general.
Vincent Tempesta
I need help finding a loan for a triplex in NY
Hello all I am new here. I am currently in contract for a triplex located in NY. I am in a bind right now trying to get a loan for the property. The purchase price is $765,000 and I currently have 6% down in escrow. I...
David Pulido
Referral Fees Inquiry
Howdy,New to RE Investing: I am curious to know how much can one earn if one refers a money lender to a full-time house filpper. The money lender gets his percentage from lending the money at his rate. The borrower, o...
Robert Naw
MLS deal - How to prevent buyer from going around me
I have an MLS deal. How do I make sure my buyers do not go around me and offer the seller more money?
N/A N/A
Selling products on EBAY...
Just wondering how many people on this forum actually sell or ar thinking of selling products one ebay. I plan to sell car audio and video. they're a few e-commerce companies but most have a limited selection that a...
Steve Adler
Downpayment, but won’t qualify. Any options?
Hey BP Community, I am glad Tiktok has introduced me to this website haha! I have been following the STR method and researching on it, and I wanted to pick everyone’s Brain on it. I have $250k cash to invest, and I’d ...
David D.
Hard Money Loan Amount Formula
As a hard money lender wannabe I'm trying to figure out what formula to use in determining loan amount.
I'm thinking: the lessor of 65% ARV or 80% of purchase price. Is this too restrictive? Should it be 65% ARV on...
Todd R.
New Investor looking to scale quick
Hey Team at BP,Just signed up here recently bought 6 houses all cash looking to purchase around 33 before year end and by 2020 to have at least 300 in my portfolio. Goal is to try and collect atleast $1M a month befor...
Desiree Rejeili
What To Save for When Buying a Home
Knowing what to budget for when buying a home may feel intimidating — but it doesn’t have to be. By understanding the costs you may encounter upfront, you can take control of the process.
Here are just a few things e...