Troy Forney
tracking investment progress
I know this has been discussed in the form of how much debt should I carry and other similar topics. So I am applying for a cash out refi with a local bank (commercial dept) and they had me fill out a financial statem...
Kevin Reyes
Need help on how to get a heloc
How can i get a heloc i have a home with my name in the deed with my father and were thinking of getting a heloc,, whats the best lenders to go to and what documentations are required? Ive heard i could get approved w...
Joel W.
Buy a SFH or Pay off Primary Residence? (Newbie in Portland, OR)
Hi Everyone,
I'm very new to real estate investing and wondering if anyone has any idea/thoughts/suggestions on whether I should buy a SFH or wait until I've paid off my primary residence. I've been reading a lot of...
Alex Alaniz
FHA cost on recent closing
Just sold house for145k it appraised for exactly that. After closing fees, Commission, I netted $29,400 which the title company screwed up and told me 31k just the day before...annoyed at this point.I bought another ...
Ryein Goddard
2nd rental income and how to calculate
I am working on getting my second rental ready that I am currently living in. I want to be able to move out of this home and get another. In July my first rental will have 2 years of tax returns.Does my first homes ...
Tameka Martin
FHA
HelloI am interested in leasing my single family residence out to then buy a triplex or fourplex. I would like to know if FHA will accept a lease on my SFR as not to count that mortgage in my debt to income ratio or ...
Solomon Rosenberg
LP's, Something to look at in the monthly reports
As an LP, an important thing to look at on the monthly reports is the net income. I'm not just talking about the NOI, which is surely important. To assess the health of an investment, you should also consider the net ...
Stuart Humphreys
How do I help others make money?
I was wondering, how would I go about getting investors involved in my CRE business? I have a few properties and they're cash flowing about 15% NOI. No debt. I'd like to be able to help others get involved. Like say t...
Jeffrey Mcintyre
Transitioning from Bridge loan to Traditional (commercial)
Hello BP members,* tried searching BP for a definitive answer and couldn't find one** I need some help understanding the process of moving from Bridge-loan to Traditional-loans* I'm practicing running proForma-charts...
Sam T.
General minimum criteria for hard money loans?
Hi all,I'm thinking about trying to go the route of using hard money loans to finance discounted, off-market deals (probably mostly from wholesalers?) to take advantage of being able to pay cash for properties with in...