Trey Read
Funding Buy and Hold Rental Properties - Beginner
I am 22 years old and looking to start investing in SF rental properties. With a Full-time job making 57k salary, a low down payment, what would be the best way to finance properties initially? Also What would be the ...
De'Anton Gipson
Creative Financing for Multi Family
Hey guys,I see a few multi family units across a few states a cities that I could easily get to if need be. I want to go for it even if I fail and fail terribly I want to try and go for it. That being said I have a fl...
Mark Millich
Cash or Bank Financing (loan)?
I'm going back and forth on either using a conventional bank loan or saving enough capital to eventually buy a property in cash (and hopefully utilizing the BRRRR Method). I understand there are benefits to both. What...
Christian Allen
Growing portfolio will I hit DTI and DSCR wall?
Recently been thinking about how the bank views rental income and your personal debt to income (DTI) ratio. From what I've read and experienced with my two properties, banks will typically take 75% of your rental inco...
Michael McIntosh
First Property - Michigan
Hi all! I'm currently seeking out my first property in the Lake Orion/Rochester area of Michigan and don't have any experience in real estate. I have some liquidity, but not quite enough for a 20% down payment on a de...
Dominick A.
Finding financing questions for a newbie
Hello everyone, I am am relatively new to this and I would greatly appreciate any advice or suggestions anyone has to offer as I am stuck in a rut. Recently I finally got the courage to turn the knowledge I’ve been ac...
Alisha Destulien
Is it better to brrr or just get a new conventional loan
I started in this investing game last year with my husband. We purchased a house and flipped it to get that cash in the beginning. We then purchased a house for $30k cash and rehabbed it and rented it. It is now wor...
Account Closed
Airbnb property analysis
Total newbie here to Airbnb. How does one go about analyzing the numbers on a potential airbnb property? How do you estimate expenses for cleaning etc? how much potential income it will generate? are there any calcula...
Daniel DeSurra
Does having a HELOC affect DTI or Credit?
I’m considering pulling out an 80% HELOC on my primary residence to invest using the BRRRR strategy. Would doing so negatively affect my DTI or credit and make it harder to qualify for a conventional loan when refinan...
Patrick Forelli
Investment property without it affecting DTI
Hello BP community.I currently make 125 k a year and I own 1 property that is performing well as an STR.I dont have the upfront cash to purchase another for a down payment but my parents are interested in financing my...