Adam Cole
Cash Out Refinancing Question_ Beating a dead horse
Hello everyone!! We just closed on our 5th investment property and our first long term rental. The 4/5 are short term student rentals located in Flint, Michigan. Currently we don't have loans tied to any of the proper...
Ryan Kraemer
Mobile home park lending
Hello,I’m looking at a MHP and I was curious as to the terms that everyone is seeing for deals. I’m looking for some type of benchmark. Thank you!
Ana Masifilo
Is credit score a big factor in your first investment purchase?
Hi everyone 👋🏻
I have been working on my personal finances lately, and I have consolidated some credit card debt within the past couple months. I still have two credit cards pending that’s scheduled to be paid off at...
Kesete Thompkins
Tapping Into Portfolio Equity with a High DTI Ratio
I have a real estate portfolio with good amount of equity (most of the portfolio is free and clear), however my personal DTI ratio is too high and that's stopping me from tapping into it to settle some debts and buy m...
Matthew Pos
Debt to income situation
I currently own a single family (primary residence) and a condo (rental). for about a month we were in the process of selling our single family after we find a multi family to house hack but an opportunity came up fo...
Paresh Patel
Is there a tax deduction for loan default interest not-paid?
Hello. I would like to pose a question relating to the tax treatment of Loans made though any of the leading Real Estate Crowdfunding Portals that go into Default.Many of the CF sites may reasonably be expected to ev...
Andrew Tuquilar
Should I rent or sell property?
Hi all,
I just purchased my first property for $125,000. My note is currently for $118,500. The ARV of this property is $190,000, and I am currently doing the renovations. Rehab cost abot $10,000.
Th...
Nicholas D'Andrea
2x Down on Student Loans or stock cash for down payment
Hi BP Community
I wanted to run this situation by the blog and hear everyone's perspective.
I have around 38K left of undergrad/grad school student debt. I am an employed accountant in the Philadelphia area. Govern...
Alyssa Hammond
FHA loan - do I qualify?
Hi all,I've got a question that I can't seem to find the answer to. My husband and I currently own a home, are looking to purchase a multi-unit property (2-3 units) and owner-occupy one unit for > 1 year. We'd love...
Leah Stuever
Rental unit loans (for multi family)
So I am looking at different loan types to see what options might be best. After some forum searching I have seen people talk about "Debt coverage ratio loan" or "business purpose rental loan." Loans that use the rent...