Art DeBrito
Can a real estate broker pay their agents?
On page 6 of the 'SMALL BUSINESS ADMINISTRATION [Docket No. SBA-2020-0015] 13 CFR Part 120 Business Loan Program Temporary Changes; Paycheck Protection Program RIN 3245-AH34'Under the question 2. What do Borrowers nee...
Jeff Arndt
Offer accepted on first property, working on financing second.
Help BP!
Got an offer accepted on a 3-unit which I will owner occupy on an FHA loan. The PITI should run about $1600/mo.
My only other debt is my student loans which will come due in June. Those payments should be...
Account Closed
How to Do a Comparative Market Analysis?
it says i can compare 2 bedrooms to 3 bedrooms homesthen it says i can compare 3 bedrooms to 4 bedroomsso my question is>does it mean i cant compare 3 bedrooms to 2 bedrooms? only 2 to 3?then 3 to 4?
Jeremy Martin
Can I Do a 1031 Exchange?
So my grandma deeded a house to my brother and I as a gift in Oct 2018. We’re approaching the 1 year mark, and he is applying for a cash-out refinance to buy out my portion of the home.My grandma bought the house in 2...
Matt Leber
How Does HELOC affect Lender Debt-to-Income requirements?
Hello All,My wife and I have recently started the process of applying for a fixed rate (4.5%) HELOC with $100K limit with a draw period of 10 years. We own a primary residence and 2 rental properties. The reason we ...
Ryan Sasscer
BRRR Strategy Question
When using the BRRRR (Buy, Rehab, Rent out, Refinance, Repeat) strategy, what kind of loan is the refinance?Is it just like getting a loan for the purchase of a house and thus count toward a maximum number of Fannie M...
Gloria Mirza
converting primary to rental and purchasing new primary - DTI?
I'm going to purchase a new primary residence in Feb/March of next year. I know that my income will not qualify me alone. Will I be able to count 75% of expected rental income for my old primary when calculating inc...
Phil Brandt
Financing Hurdle - Conventional Financing
Hi investors,I live in Brooklyn and have rental properties in D.C. and CT.I am looking for advice to a specific issue I can't quite figure out.I recently found a great single family investment opportunity in Denver. ...
Abel Vazquez
Buying a property under LLC
Hi everyone . Question for you folks. If I buy a property under my business name can I still co buy another property under my name?
Craig Koehne
BRRR Strategy - First deal with private lending
Hello all
We are investors in the Katy/Houston Texas area and We are looking for our first rental for our portfolio and plan on using the BRRRR strategy to be able to multiple deals a year as we find them.
We h...