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So I was wondering how appreciation investors satisfy the debt coverage ratio? I keep seeing that banks require a 1.2-1.3 ratio. I know that a lot of appreciation plays barely break even on cashflow or are sometimes...
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Here are a couple of ideas that should help you get started in the right direction and answer how you can do a no money down deal with no cash, no credit, no income, no nothing, except having some general knowledge ba...
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So I have a very complex personal finance situation, one that's perhaps causing me more constraints than I'm fully aware of because of it's complexity and obligations. I feel totally ok with sharing some ballpark ...
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Hi everyone! I'm new here to the Bigger Pockets forum. (In fact, this is my first post!) I'm really interested to see what expert advice I can obtain from the many real estate investors here.I have been fortunate i...
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I have the opportunity to buy income properties from a company called Strongbrook. I have come across BiggerPockets (thank goodness) and have read a forum on Strongbrook that has made me wary. I too have had some...
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Hello BP,I am fairly new to REI and was wondering if you can wholesale a deal that you win at the courthouse steps? If so, how would I go about doing this?So if I place the highest bid at an auction and they have said...
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So I received a call for help on this scenario. Trying to figure out how it could work. Borrower faces foreclosure sale next week. He needs $19,000 to bring his first position loan current. He is living in the ho...
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I own some rentals in blue collar areas. Some houses are notorious for being occupied for 3 months no issues, then late payments, then partial payments, then no payments, and eviction. They cash flow excellently whe...