I've had a few conversations with mortgage brokers and it seems common to NOT count the expected rental income on a property towards your DTI when looking at the loan for that property. That seems to be very limiting ...
Here is what I was thinking:
1) Buy rental properties under an LLC in cash to get the best deal with quick cash closes.
2) Perform any needed repairs and install tenants
3) Get a business loan (personally guaranteed)...
Introduction
When it comes to home renovations, the financial aspect can often be the most challenging hurdle. In my quest to find a solution for my own home improvement project, I stumbled upon Fannie Mae's HomeStyl...
Hello,My name is Zafiris and I live in Athens, Greece. I am 32 years old, working as service engineer for petroleum industry. Me and my wife are just starting to invest in real estate.I have been following biggerpocke...
I have been planning for sometime now on the best way to invest in real estate while getting the most return possible. I am in the construction industry and have my contractors license so would like to use my knowled...
Hi BP, Has anyone used a turnkey company with financing in place to purchase RE in a SDIRA? If yes, which company have you used and would you recommend them?I recently heard about Ron Blum and Express Realty Company. ...
So I'm quitting my job next month. Will not have a W2 anymore. Intend to take a nice nest egg of cash and turn full time to real estate investing over next two or three years, likely focused on SFR and small multifa...
I am a first time investor, but a seasoned construction management professional. I have worked for ~10 years as a project manager on a wide variety of construction (institutional, hospital, hotels, student housing, co...
Hello everyone,
My name is Lorenzo. I am 19 years old and interested in commercial real estate investing, specifically multifamily and apartments. I want to start building my portfolio as soon as possible so by the t...
Is anybody in central Iowa charging back utilities to their tenants? Obviously, this would be when a multi family property does not have separate meters for everything. For example, in Des Moines, the water and sewage...