Sebastian Taylor
FHA vs VA when selling a house
Hi, I have two offers on my house, one VA and one FHA. Purchase price is the same, both wants 4% of sellers help, both got through desktop underwriting and have a pre-approval letter.What offers would you accept? I am...
Richard V.
LLC member credit score
Hello BiggerPockets,If two of two members in an LLC have over 720+ credit score, will a third member with bad credit inhibit the LLC financially? Such as loans?Thank you in advance!
Frank Rubio
Hello BP!
I am a Pathologist/ Physician assistant and have intentions to attend medical school. I want to invest in real estate to fund this career path.I purchased my first 2/2-1050-sqft SFR, in Riverside, Ca last year and enj...
Wilson Pun
Purpose of DTI for commercial loans based off of DSCR
What's the point for commercial lenders to consider individual's DTI for a loan on an income producing property owned by an entity? The loan amount will be based off of NOI metrics like DSCR and Debt Yield, along wit...
David Wendelken
Can owner-occupied duplex get a 5% downpayment vs 20%?
I have a friend who has an opportunity to buy the duplex she's renting. (Lives in 1/2, purchasing entire duplex.)Can she expect to get a mortgage for a personal residence (5% down payment) or will she have to come up...
Jill M Ward
LLC for joint-owned duplex?
We are about to close on our first real estate investment with another couple, where each couple will own 50% of the property. It makes sense to me to have a separate entity to own the property and then we share owne...
Shany Gross
Commercial Space Retail
There is a Brand New Retail Space in my community which I would like to buy and then rent out to a credit worthy Tenant. The problem is I would only like to buy it if I know I will have a tenant for it. So, how can I ...
Kareem Hussein
Personal Credit + Business Credit Combo
Hi I’m new to this site, Im currently in tech but also highly interested in investing. My question is let’s say I create a business and all the nuances that go with it but I don’t have revenue although I build my prof...
Austin Williams
Building Credit with LLC
Hello,I wanted to know if I have a below poor credit score would it be beneficial to first try to fix my credit or create an LLC and build my business credit to start investing in real estate and worry about my person...
Chloe Aribo
Loan Assumption + Rentals
Is acquiring properties via loan assumption a rare occurrence? Are home owners more inclined to choose a different type of deal (seller financing, subject to, etc.) over a loan assumption deal? What type of homeowners...