Robert Dudley
Rookie seeking advise
I am new here, it seems like a lot of smart folks here. I purchased 3 single family homes in a cheaper area than where I sold my home using a 1031 property exchange. It has been 4 years now and all three have gained g...
Justin Moy
The Metric That Decreases As You Own Your Property
Many investors look for cash on cash return as a king metrics in evaluating deals, but there is another metric - return on equity - that can help investors make informed decisions on their portfolio.Return on equi...
Ian Porter
Seeking to build an Equity Ticket for Spec Builds in Atlanta
Looking for advice on how to structure a JV or partnership on a couple spec builds in the Atlanta Area. I have funding lined up for at least 80% LTC of the project but I want to raise an equity ticket. I've always sel...
Jonathan Buelow
Using property income towards income for loan approval
How can the broker add my prospective property income to my DTI? I have enough for a downpayment, good credit, and no debt but my income is too low. I understood I could use 75% of the other units' rent to make up for...
Blane Koenig
How to Record Owner Financed Sold Property
Hello Everyone,I have a property I just sold in Louisiana and I owner financed it. In Louisiana (Im not sure if this is every state) when you owner finance title does not transfer until the mortgage is paid in full or...
Dioh Valentine
Investing in Dallas
Ok, so I am a veteran from Dallas looking to invest in a multifamily residential 2-4 unit property in Arlington, Tx. I'm looking to using the VLB in conjunction with my VA Loan, but my problem is im only receiving di...
Bryan Hancock
Is The Current Real Interest Rate For Purchase Money Mortgages Negative?
The 30-year for the best borrowers is currently around 3.25% and Shadowstats.com says the inflation rate is currently around 6%. Do you really believe the real interest rate for purchase money is highly negative? Wh...
Account Closed
Pay Down or Save
Hello BP,
My first home was not intended to be a rental but after 2 years my family outgrew the home and we jumped on a deal for a larger home. Now I am a landlord with a razor thin cash-flow with above mark...
Michael Johnson
I may have a perfect idea. Please try to shoot it down.
I have a property that we are about to put under contract (wholesale) the homeowner is in preforeclosure but somehow still apparently wealthy. and doesnt care about the house. Assuming that the homeowner would just go...
Byron Broughten
DTI, Conventional Loan, HELOC, Insanity
Hello!I’ve been going slightly insane trying to figure out how debt to income ratio (DTI) factors into getting conventional financing or a HELOC on investment property. My current understanding is that cash flow posit...