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So 6 months back I bought a sfh with the intention of giving this brrrr thing a shot. I wanted to end up having zero dollars of MY MONEY in the project. Hasn't worked out that way mostly because of the refinancing p...
Hi Everyone,One of the key parts of investing is obviously finding the financing for the deals after you find it. It can be one of the easiest parts but you need to know what to look for. So many investors will tell n...
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Hello All
I have a pretty good grasp on the BRRRR method and how it works (I think). The only thing I don't fully understand is the financing to purchase and rehab the property. I've called several banks and in gen...
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Hey everyone.
First time posting. I've been pouring through the BP podcasts and have heard almost all of them. I had a question that had probably already been asked, but I haven't had time to sit down in front of th...
I believe I'm in the right forum here... I have two questions. (1) Based on my goals and the information below is my home worth renting out, and (2) If not, can anything be done to improve the numbers and situation?
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Folks,I am a private lender, mainly for residential flips, and it kills me to turn away the vast majority of my applicants because they don't have the upfront cash to qualify for my loans. I require them to have subst...
Hi everyone,I'm a big fan and followed a ton of the posts. Right now, I own a multifamily property bringing in 2K cash a month (if I don't live here)...Right now, I live for free and make a few hundred bucks a month.I...
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Hi,I have 5 flip-to-rent properties, and i have a day job as well ... I just refinanced a property and my loan officer said I have a "high debt to income ratio of 48" What does that mean? How do I get this down? I am ...
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We're looking for a lender who can help us purchase a multi-family building in NW Indiana.
We have 750+ credit scores, decent liquidity for a down payment (we can put 25-30% down), we have modest but stable income,...
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I usually do a 1 year lease, but I have a vacancy I'm getting ready to fill, and I'm tossing around the idea of offering a slightly discounted rent with a two year lease. I've heard that if you offer a great property...