Dylan F.
DSCR Loan Products for STR's
Hey all - wanted to see if anyone out there has used a DSCR loan for an STR. I have a few STR's all under conventional loans in my personal name (title is in LLC though), which is effecting my DTI/shows up on my credi...
Steve Steve
New investor in Iowa & Illinois. (travel nurse). want help house hacking or AirBNB
Hello, I am completely new to investing money on a scale such as this. I would very much like to start investing and house hacking. I do not currently own any homes, but I am trying to come up with a strategy to inves...
Nicole Heasley Beitenman
Closing some of my credit cards makes sense to me. Am I correct?
Hi BP! I was talking to a friend of mine about credit. He says that each person is worth a certain amount of credit based on their income. Here was his example: Say you make $70k per year. You are then worth $200 in c...
Paul O'Connor
Cash Out Refinance Nightmare, Help Me Make Sense of It
Ok, so a little bit of backstory. I have 5 rental SFHs that I'm trying to get refinanced to do a way after the fact BRRRR. (Sorry, I discovered Brandon Turner and BiggerPockets well after I had purchased most of these...
Nate Smoyer
WCAP Financial Services -- can I trust them?
I just off my second call with WCAP Financial Services.
Long story short, the salesman become combative when I questioned their sources of funding. I requested multiple times to get an explanations and clarity of ser...
Account Closed
BRRRR more than 10 properties?
Hello!Since BRRRR is dependent on the cash-out refinance, what do you do once you've exhausted all 10 loans you can get through traditional financing? Thank you!
Beau Watson
Looking for a portfolio refinance
Hey BP! I need resources and/or advice on the direction to take when it comes to grabbing equity out of my small residential portfolio. A couple of items I would like to accomplish but not sure if it is too much of a ...
Kelvin Washington
Should I Refinance Free/Clear Property To Buy Another Property?
Hi all! I currently have a SFR Rental Property that I paid off late last year. I am very interested in doing more real estate investing, but this time, using the BRRRR Technique. So, instead of using private/hard mone...
Aaron Wadsworth
Asking for critique, suggestions and advice on 3 potential plans
Hey!
The title was a little too short in characters to allow me to fully describe the post, but in simplest terms i'm trying to ask for advice and critique of my plans - in addition to leaving a record in case I or w...
Francisco Milan
How did you get crushed in 2008 due to overleverage ?
HelloI have heard this over and over again from previous investors that lost it all in 2008 and I am starting to hear it right now again. How do these individuats loose everything due to being overleveraged?