Hey BP,
I'm running into some DTI Road blocks and am looking for some help. I was under the impression that if you buy a new rental and the debt service coverage is substantial enough, then the DTI is essentially a n...
Hello Biggerpockets TeamIs there a calculator that could be made for flippers who want to use hard money instead of cash? Thank you
Hello All, I hope all is well. As I pursue the word of real estate, I have become more curious with hard money loans. Unfortunately, I do not understand the numbers. Now I do understand the logic and their purpose, I ...
Hello,I am trying to calculate a commercial loan and have some questions. I have tried to use several online calculators and they all have varying degrees of criteria. Some require a balloon payment in years and oth...
Is Loan to Value calculated on the Original Loan Balance or Unpaid Loan Balance?
Hello All,
New here and in need of some urgent assistance. I am going to start refinancing my home, likely locking in today or tomorrow on our primary residence in southern, CA. I was just offered a job in northern C...
Hello everyone! As I continue to search for multi-families to purcahse, I'm stuck in a mental debate of Cash-Out Refinance vs. HELOC? I purchase a house about 2 years ago that I fully renovated and moved into. I curre...
Hi all,First of all - big thank you to the BP community. The knowledge I've gained so far just by lurking has been invaluable. Apologies for the lengthy post below, but wanted to include as many pertinent details as p...
I am currently confused on how I would exit a seller financing deal that has a 5 year balloon in the P&S agreement. For example let's say the terms state that the purchase price is $380,000, DP is $19,000, Amortiz...
Very new to the rental investment community. I'm looking to absorb as much knowledge as possible to start off with smart investments. Looking for recommendations for apps that everyone uses regularly. Thanks