Jack Moreno
Are we Bankable or not?
My wife and I are starting a small real estate investment company as our “side hustle”. We are wanting to know if we would qualify for a portfolio bank line of credit with reasonable interest rates, to “Brrr” and or f...
Ki Lee
loans for multi unit properties
From my understanding, for traditional loans for single family residence, they primarily look at credit score and debt-to-income ratio.Specifically, I was wondering if different lending standards are used for multi-un...
Sam Josh
Retail Debt and what it means for REI & Next Recession
https://www.bloomberg.com/graphics/2017-retail-debt/We as RE investors are constantly looking for opportunities and also assessing risks. Bloomberg just came with what I think is a very solid and deep analysis on one...
Nicholas Krieg
Trying to buy 1st primary residence and 1st rental property
Here is my situation:I currently rent my apartment, but am looking to purchase a primary residence as soon as one I like comes around. I’m also wanting to buy my first rental property and believe I have found one I’d ...
Kenny Sibrian
what would you do in my situation?
so my current situation is i have fair credit around 700 from what creditkarma states but with to many hard inquiries. my total debt adds up to 27 thousands. im making monthly 2,144 a month before tax and in my savin...
Devon Carlock
Home Equity Loan Qualification vs.
I would like to take on real estate investing full time. I have two options I am considering: 1) Sell my house to get cash to work with. Rehab a property, then create a traditional mortgage to pull my cash back out...
Brett Wolk
Will We Be Able To Get Mortgages?
Hi,I'm 26 and do not currently work. However, my father, 85, receives a decent government pension of around $50k a year. Together, we have a large amount of cash that we'd like to invest in rental properties, but I sp...
Roman M.
Financing income question
Hello BP community, I recently sold my personal property and was able to gain a profit of about 53k which I am planning to use as a down payment for my first rental property. I work as an independent contractor and ha...
Ashley Salassi Hunker
Can you get a mortgage in retirement?
Hi BP!
A friend in retirement in their 70s is considering selling their house in Houston, TX to upgrade to a home perhaps 80% higher price point than their current property. Their funding would be: A regularly rece...
Christopher B.
Down Payment Assistance included in DSCR?
Hi, I am putting together a multi-family deal. I am planning to have part or all of the down payment provided by a private investor, which I will pay interest to, and refinance after a few years, once I add value,...