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Hi fellow investors,
I’ve been hearing a lot about DSCR (Debt Service Coverage Ratio) loans lately, especially in the context of long-term buy-and-hold investments. For those of you who’ve used DSCR loans, I’d love t...
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Hello fellow BP'ers,
Both my partner and I are self employed in the horse racing business. We can't provide any W2's or a proof of monthly income due to the fact that our earnings are based of off race outcomes...
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So next year I plan on working with a Private money lender and doing my first rehab in the Indianapolis area. I want to use at least 5% of my own money but I plan to have more also . I'm very next to this I just would...
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Hi all! In today’s market I need to use cash to buy this large tract of rural land and beat out the other offers. I will then start construction. I need to be able to pull the cash from the land purchase back out as...
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I was just talking to a CPA about setting up an LLC to hold my investment property. He cautioned me of this approach (although he thinks it makes sense from asset protection stand point) lenders may not give me mortg...
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Goal: to own some profitable multi-families. If I buy one, I may also get it out there to flip and generate cash, as thats the main goal. Maybe even a realty/investment company of some sort.
Area: MA
Me: have a 500...
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So as I was reading the forums where hard money lenders were being researched, a thought struck me. I am a high earner and have maybe $150k extra cash per year to invest. If I were to use that cash to invest in buying...
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I'm living in the bay area, CA and looking to invest in the Phoenix, AZ area. Should I start an LLC first before buying or later on down the road move it to an LLC when I have a couple properties?Thanks in advance for...
Morning Everyone,My wife and I know its possible to have two VA loans, but we dont know if we can purchase 2 multi-family units. I know the VA has a rule that only properties up to 4 units are qualified. However is th...
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Hello,I'm trying to do a cash out loan on my rental property. I met this loan rep and he told me he has a stated income loan program available to investors. In didn't believe him but he assured me that these type of...