Hey Everyone! Looking to get some advice and guidance on DSCR (Debt service coverage ratio) lending. My goal is something along the lines of a house hack by purchasing a single family home with maybe 4 bedrooms and li...
My wife and I are Looking to buy either a 4-plex here in Baton Rouge, La where 3 of the units is rented out and the other unit needs a complete rehab for $250K. The local bank here says don’t buy/look at any propertie...
2nd time in the forum asking a "Get Started" question.My girlfriend and I (soon to be married) own our current home and are 3 years into our 30 year on a 3.75% rate. Between appreciation and our payments we have 50K-7...
Hi BP!I have 3 condos in San Diego that I'd like to refinance and take equity out of (to pay down debt). I estimate their combined value based on the current market to be around $900k.The goal would be to extract max...
Need advice on my current situation. 1st has anyone had any dealing with a local NYC portfolio bank Maspeth Federal? Has anyone had a dealings or success with 1st Key Lending?I currently own 10 SFR. 4 of them have mo...
What happens when I stop paying the mortgage payment on multiple properties? I do not have a choice at this time. I have a number of rentals and my cash flow is very good but I overextended myself, and my cash reserve...
Firstly, let me start this story with a brief background. I have been in real estate for 15 months now, and I love it. I actually decided to get into real estate because of the experience I had with an agent. They wer...
I am sort of a newbie. I have done a few deals, mostly buy and hold residential, but I have been disconnected for the last several years. I have always been passionate about real estate, but I have spent the last ye...
Hi BP community,I recently closed on my first investment property in Southern California Inland Empire in the City of San Bernardino. I would like to thank @David Friedman for guiding me through the whole process. I f...
I would like to refinance a condo in Destin, FL being used as a short term rental. I found a lender who offered rates that seemed too good to be true (6.125% 7 year ARM) but found him through recommendations from othe...