James Carlson
Will mortgage forbearance affect credit or loan qualification?
I have a number of investor clients here in Denver and Colorado Springs worried about coronavirus and their tenants' rent (and therefore worried about their mortgage payments). They're all asking me the same question:...
Victor Chalouh
First time investor need some advice on down payment
Hi guys So I was reading a few forums and newbies just like me were asking if a property’s rent roll would cash flow positively based off of the mortgage price they’ll have to pay (the mortgage price with everything i...
Christopher Meaker
Is this deal too much for me?
I'm 21 years old and I have been searching for awhile for my first deal but it always seems like something is coming up and delaying things. I recently came across a 68 unit apartment complex (48 apt. 20 Condo)
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Justin W.
Financing advice
I have an offer on a small rental property. It has 2 houses on it. Smaller house is 2/1 and larger is 4/2. Purchase price is $140K and current rents are $500 and $1000. My question is about financing. I have a...
Trevor Burbank
Condos: Why are they a bad investment & what happens to old ones?
I have some great mentors in my city, but none of them invest in condos. When I have talked to them, they keep it simple and say that they are just bad.I am aware of special assessments, HOA fees, but what are the maj...
Santosh P.
Please advise on my first multi-family
Hi All,I am in contract with one small duplex in Bakersfield CA area(zip code - 93305) and need some guidance from expert investors to see if these numbers make sense.Offer Price: 100k (1bd/1ba and 2bd/1ba) - 1500 sq ...
Tim Heizer
Convert my primary residence to rental? How to analyze?
New pro member here. We are under contract for our next primary residence - purchasing conventional and qualified with both new mtg pmt and current one. I have the cash for my new purchase 20% down plus some more in r...
Grace Porritt
Hard Money Lending Advice
I am approaching retirement and I need to be careful about the influence of income on my SS benefits. I have thought about starting to do some "hard money" loans on a short term basis for the right investors. Intere...
Melaines Gil
Long Distance investing in DFW
Hello,As some of you might noticed from my previous posts, I am a New Yorker looking to move to and invest in DFW. I want to do real estate for the cash flow, and of course, appreciation is a bonus. I am a recent coll...
Jacob Brush
How do the DSCR requirements work?
I want to get into house hacking as soon as possible. Would it be smart to get a DSCR loan, or an FHA loan? I do not meet the requirements right now for an FHA loan, but from what I heard about the DSCR loan they don'...