Sean Pour
Applicant with Massive Student Loan
My applicants are partners, currently living in a one bedroom apartment with about $2,000 monthly rent. They are applying for my 2BD condo with monthly rent of $2,200. One applicant (She) is making a good salary (x3.8...
RJ Reynolds
Six months to success
Decades have passed since my first and tragically flawed foray into Real Estate Investment. That and my subsequent experience as a Real Estate Agent is a foundation for a new initiative, a new result and an outstandin...
Benjamin Tighe
Personal Finance Book Recomendations
My brother has a birthday coming up. He lives in Denver (go Broncos!!) and is currently a student. They both work and his wife currently makes a good living. They are in the process of fixing their credit. They have s...
Juan Jimenez
Desperately Motivated !
Hey BP family, I’ll try and make this as brief as possible. I’ve been reading, learning, listening, all that I can do from: wholesaling, flipping, BRRRR’ing, you name it! I work for a mortgage lender, I decided to get...
Nick DiFinzio
How would you invest $100k?
Hey everyone. I have recently decided to start investing in RE in the PA market, ultimate goal is to achieve Financial freedom in 10years by way of rental income. Ironically, the same week I started looking at small-m...
Kimberly H.
Debt coverage ration (DCR), tax returns, and commerical loans
I understand that DCRs need to be 1.25 and above for commercial loans, but what source do lenders use to compute those numbers? Tax returns? Just most recent or 2 years worth? Do they ignore depreciation as it appears...
Geoffrey Murphy
Pay off Debt vs. Saving Money
Hey guys,
I have a quick question for my fellow BP members. I net around 2200 a month from my job and i have about $7,500 worth of debt.
How do i go about saving money every month versus paying off debt
Help pleas...
Sal Mazzone
Need help with a lending situation
BP community-I'm in a bit of a situation. I'll try to keep it as simple as possible:I'm in contract on a duplex that will be a buy and hold rental. Partnering with two other individuals, creating an LLC, and obtaining...
Austin Jacobus
Should I use $10,000 for college or down payment for house hack?
Hello! I am currently a junior in high school and I am on pace to save up 10,000 dollars when I graduate. The college I am going to for a bachelor's degree for accounting is going to cost me 20,000 dollars. I was wond...
Tish Thorpe
Newbie Wholesaler - RE Investor vs Marketer
Hi all,
I'm fairly new to this website and to real estate investing/marketing in general. I've spent a good amount of time pouring through this site and other manuals, seminars, and mentor trainings. I'd li...