Bryan Hancock
DTI Ratios For FNMA Loans When Borrower Has Rental Properties
Okay...With all of the threads going around about FNMA properties 5-10 I wanted to clarify how "DTI" is calculated for rental property for both the front-end and back-end ratios for:
1. Rental Property With Mortgage...
Darryl Dahlen
Borrower wants to refinance SFR that is in a SDIRA
This is a new one for me so I'm looking for some advice. I have a client with a high-end SFR that was bought this year through a SDIRA.
It's an investment property that has a zero balance on it. My client would like ...
Kevin Dubina
Borrow from family for BRRRR to keep interest tax deductible?
I'm planning to do a BRRRR. Cash purchase for 90k, put in 15k and refinance for 110-120k
Since interest is no longer tax deductible unless you get a mortgage at the time of pruchase, I'm thinking it makes sense to bo...
Alexander Sheridan
Tricky Borrowing Situation (plenty of equity & good credit score)
Hi All! Here are a few facts about my situation. Hoping some of you could help guide me in the right direction.I'm in central Ohio, in a county of ~65k. I'm self employed, so my DTI doesn't show well.I own 7 rentals (...
James Park
Individual investor who have successfully borrowed $2M from the bank
I am realizing that trying borrow your 5th - 10th mortgage from the bank is going to be a uphill battle. I am curious to know if there are any individual investors here in BP who has successfully reached the level of ...
Roberta Marcos Marcos
How do you grow your portfolio with no borrowing power?
My husband and I have two investment properties that are rented with tenants paying us rent beginning 2020. Both of these were purchased via conventional loans. Now we are trying to either grow our portfolio or buy a ...
Sean McDonagh
How to borrow when # of properties max debt/income ratio?
I’m a smaller investor still with 4 properties in my portfolio. What tools are at my disposal when I don’t have enough equity in the properties yet to refi or sell, but my ambitions and drive are pushing me forward, e...
Chinmay N.
Borrow against Stocks/Brokerage on a Visa in the US?
Hi, folks,First off, thanks to BP and friends, I've gotten my first REI property under my belt. Thanks y'all!As I'm moving forward to my next deals, I'm exploring different financing strategies. I'm not a US citizen o...
Desmond Pressey
Co-Investing with my Sibling, Does Co-Borrowing Make Sense?
Hi BP Community!I’m happy to join a community of great individuals. I had a question about the best lending strategy for my first investment property. My plan is to split the down payment and profits with my sibling a...
Joanne Eriaku
who is good at SEC Compliance and Private Money Borrowing?
Can Anyone please give me advise on the most compliant way to work with Private Money lenders and not break any SEC laws? it feels like a landmine to navigate. How are you doing it?