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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...
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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...
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What are some tips for analyzing "rescue capital" investments as an LP? Assuming you did not invest originally.To clarify, I am coming across some opportunities where a sponsor is in the middle of the biz plan, their ...
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I am wanting to do a fix and flip and curious about financing options. I own an out of state rental, free and clear, valued at around $200k that is taking in just over $1k/month rent with room to go up to around $1300...
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Helping those who are starting out.
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Just out of curiosity, how many of all your properties do you have a mortgage on and how many do you fully own? Mainly talking to buy & hold people, but flipping would also be welcomed, and really any type of REI ...
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Do DSCR loans used on property purchased under a business name show up on personal credit? I’ve heard that they don’t but then I’ve also heard that they can if you miss a payment.
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Hello, BPers, I'm looking at buying a property using its own rental income to qualify as my personal DTI is already maxed. I do have excellent credit with lowest number being 773.Property listed for $100,000 and curre...
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So I've contemplating for years now whether to roll extra cash that I use to fund my TSP (military 401k) into mortgage payment and pay it off faster. So far I've been maxing out TSP as I understand its tax advantages,...
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I live in IL, am single, have several rental properties, have landlord insurance and umbrella policy. I do all the work myself (repairs, upkeep, accounting, screening, approving of tenants etc). The following idea I ...