Yechiel Mor
Getting financing with a DIR (debt income ratio) of 60%?
Any suggestion for investment lenders that have no DTI?
Or any other ways to go about this?My DTI is 60% due to a personal home mortgage but I have $65,000 in savings I want to use on an investment property. Anyone b...
Lou Ruggieri
First Commercial Deal (Take 3) Thoughts? Advice?
Okay guys and gals, your help is most appreciated here. I have some residential experience, but now I am trying to take the next big step in my RE life -- a small apt building! This is out of state, and I already ha...
Travis Washington
Why are PMIs so bad?
I've noticed many investors caution (or pretty much flat out say avoid PMIs on loans) but why? I am analyzing the scenario with a deal of mine. Below are the numbers:Property Price: $47.5KProjected Rent: $675At 20% ...
Ralph Santos
Line of Credit
I currently own 3 properties with no mortgages. I have a little over $550,000 in equity on all 3 properties with my primary residence having the bulk of it, currently around $330,000. My other 2 properties are rent...
Ion M. Cerga
First home in Fayetteville, NC summer 2020
Investment Info:
Single-family residence buy & hold investment in Fayetteville.
Purchase price: $83,000
Cash invested: $7,000
This is our first home. We've stated the remodeling and it still will...
Damian Baynes
Solo 401k thoughts/ questions on strategy.
Greetings everyone!I’ll keep this one brief. Here is my situation. I started a small business which will not be my primary source of income anytime soon, however, I do have some funds from an old 401k that I would lik...
Seth Ricketts
Getting Started in Real Estate somehow, someway
I am trying to get my start in real estate investing and am wondering if obtaining my license and becoming a part time agent would help me learn more about it as well as maybe put a little extra cash in my pocket to g...
Jorge Abreu
Seven-Step System for Evaluating a Market
✨Successful real estate investing relies on several factors, but “location, location, location” is top of the list. But “location” is a broad term, and evaluating the right place to invest your dollars means identifyi...
Sean McKee
East Chicago Rental Market Yah or Nay?
Hello BP and NWI investors!
Hopefully my questions will be fairly straightforward and easy to answer.
I’ve done a decent amount of research on Northwest Indiana, however I still have some gaps on East Chicago. Mostl...
William Ware
How to get a Quick Credit Score Increase
Hello All
Looking for ways to increase my FICO scores in a short period of time (30-60 days). Here is my situation:
Part time Real Estate investor with several properties owned free and clear
Need to leverage properti...