Leo Merchant
First time homebuyer
I am a 20 year old with big dreams, and have a few questions. In Canada and we have a first time homebuyers program from the government, where if you are a first time home buyer you can put down 5% on a property up to...
Brad Roche
Conventional vs. DSCR Loans - How Do They Compare For Investment Property Financing
When it comes to securing financing for an investment property, Conventional loans and DSCR (Debt Service Coverage Ratio) loans emerge as two top choices. Conventional loans are the standard go-to option for investmen...
Lisa R.
New investor creative financing
Is anyone investing in high value markets who is willing to share strategies on how they are funding real estate? Or how they would coach a new investor (me - I'm the new investor) on funding smartly?
Looking to pur...
Basit Siddiqi
Rules regarding Escrow Payments: How to Opt out?
Hello everyone,Again - Thanks in advance to everyone who is able to provide me with feedback/answers.My goal is to pay for homeowners insurance/real estate taxes on my own without it being paid by a bank via monthly e...
Tonya Weathers
2% Question for Rental Properties
Hi All! I'm new to REI and I'm trying to understand a few basics. I keep hearing that 2% ROI is the goal. So, when I'm analyzing, that's exactly what I'm looking for. However, I'm not sure if I fully understand. Does ...
Peter Assaad
Buy own place or rent and invest?
Currently live in nyc. Apartment is not cheap- but coming up with 20% Down (if not more) for a pad in nyc is expensive. Currently buying SFHs And MFHs
elsewhere while trying to minimize spending in nyc. People tell me...
Troy Forney
tracking investment progress
I know this has been discussed in the form of how much debt should I carry and other similar topics. So I am applying for a cash out refi with a local bank (commercial dept) and they had me fill out a financial statem...
Tim Joyce
DTI calculation, for conventional lending
Can any lenders who do conventional lending tell me how wide a snapshot you’d take of my debt obligations when calculating DTI? Like, does the short-term debt service I have now really hamper my borrowing capability f...
Michael P.
Closing Costs For Rental Property
My question is, as you acquire a property you obtain a significant hit with closing costs. How do you roll that into your monthly, or annual breakdown for net profit?
Jennifer T.
Do you always try to cash out the max LTV? Which of these 2 lenders would you choose?
I am trying to cash out refi a property and have narrowed my lenders down to 2. Which one of these DSCR loans would you pick? (Or keep shopping?)
Yes I know it's not a perfect BRRRR and I can't cash out everything bu...