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,...
Nathan Hill
Rate of 7.5% with 2.5 points by me and 2 by the seller is this normal
Afternoon All,Im going for my first investment property a Duplex <100k . I have 25% to put down a great debt to income ratio A credit score >640 I've just been applied for a mortgage and been told its 7.5% with ...
Melody Stevens
Trouble Obtaining Financing
Hello All!! I need some direction.I have tried applying for different types of mortgages so that I can purchase my first rental property. Due to the amount of student loan debt I have and it being in deferment because...
Account Closed
Why do we not factor P&I into NOI?
I've read several iterations of 'How to Calculate NOI' here on Bigger Pockets and most all indicate we should not include capital improvements or additions, principal and interest, amortization loan points, income tax...
Louis Hemmler
Real estate syndication
Hi everyone,
I currently own a few rental properties, but I’m looking to transition into real estate syndications. I've been introduced to GDL Asset Management/Green Water Asset Management, which primarily focuses on...
Craig Johnson
Brand new member from Charleston, SC.
Hello everyone, I am a steel mill electrician here in SC looking to move into real estate investing and out of the steel mill (eventually). I've been reading and watching podcast/you tube like crazy. I've always been...
Roschelle McCoy
Need help evaluating the numbers on a 12 unit apartment building
I'm looking at a 12 unit apartment complex in Central Illinois that is for sale. It's a nice place that has been well maintained, owned and managed by a husband/wife for over 20 years. Units are in good condition, b...