Hi.  I've got about $3,000 left to go on my student loan, with a payment of $156/month.  I'm going to be applying for an FHA mortgage in July.  Only other debt is a car loan of $200/month, credit over 750.Wondering if...

As a real estate investor, understanding both the Debt Service Coverage Ratio (DSCR) and Capitalization Rate (Cap Rate) is crucial because they serve different purposes in evaluating and financing investment propertie...

Is “ No Debt” or paid off debt something private investors usually factor in as a criteria to meet in order to do business with ? What about FICO score ? 

I searched but didn't find much on this topic. As some background, I have been speaking with a commercial lender for 6 weeks (which is ridiculous) and waiting for feedback from underwriting on my global cash flow so I...

I am pursuing a HELOC of $65,000 on my owner-occupied duplex and was wondering how this will affect my DTI ratio when applying for future mortgages.For normal consumer credit cards, the lender adds up the minimum paym...

Hello bigger pockets patrons, I am new to real estate development and looking to possibly make a cash offer on a short sale. I am trying to wrap my head around the whole short sales process.I have heard some conflicti...

I have spent hours looking online (including on here) at the CoC calculation as well as the ROI calc. Here is my understanding1. Cash on Cash Return=  Annual (before tax) Cash Flow / Total InvestmentQuestion: Does the...

Is this a thing in the commercial lending world?

Hello BP, I have a question regarding hard money loans and the debt-to-income ratio. I want to use a hard money lender to purchase a medium-sized multi-family property for buy and hold purposes. After the rehab, I wan...