Nathan Spangler
Financing 2nd, 3rd, 4th property
I am trying to buy my second rental property, and am running into issues with financing given my existing DTI. My first property is under my name, as is my primary residence. When I go to purchase a second rental prop...
Hao Dinh
Can Donor send gift for Down Payment at Closing table ?
Hello BP!!!I have a buyers that run into a little problem with down payment . I just found out they will get a big portion of down payment as a gift from their relative ( 50k). I have a few questions i hope you guys c...
Nicolas Escoffier
Need some advice as a first time buyer (rental property)
Hi everyone,I'm brand new on this forum. I've been in the US for a bit more than a year now (on a work visa).I'm interested in buying my first rental, out of state as my current state is CA (and I don't have 500k in c...
John Perez
Start out advice- Should I get into this?
Hello BP forums and Happy New Year. I want to invest in real estate, but I don't know if at this point in my life I can realistically get into it. I am currently studying Biomedical Engineering in Miami, FL and will b...
Nicholas Knaebel
My debt to income ratio is too high!
Hello,
I am new too REI and am having a hard time securing a loan. I am a server and only claimed 24k last year. I was looking to cash out refi my house and use the 25k to buy a duplex in full. I also have enough sav...
Tim Zumbo
Unsure College Student
My name is Tim and I have an inquiry about investing out of college. I will have $22,000 in student loans when I graduate from college in two years. I save a majority of money and will be able to pay them off almost i...
Tina Jenkins
Flipped my first Property now doing a 1031 and need advise!
I sold my 1st property a 4 plex. I am doing my 1st 1031 exchange. I bought it for 172.000 two years ago and slowly fixed it up. I sold it for 255,000 and close on Wednesday September 23rd of this month. My plan is to ...
Michael Iuculano
What is a bridge loan? A look at how it works.
What Is A Bridge Loan? A Look at How It Works.Buying a new house can be problematic for people with existing homes that have not yet sold. This is because money from the sale of the old home might be necessary to put ...
Nick Lawler
Investing in a buy and hold while serving Active Duty
I am currently serving active duty in the Navy and am interested in getting started with big and hold real estate investing. However, I don't want to wait until I get out of the Navy to begin. I am interested in Singl...
Alex Silang
Getting a mortgage with 30k W2 income
This is my financial situation:30k incomeRental property (I own):4k monthly rent1.5k/mo PITIWant to buy:350k-400k property4k monthly rentI've used online calculators (for what they're worth) and they say I qualify. Al...