Nicholas B.
Mortgage Underwriting Guidelines & DTI - (@Bill Gulley)
In another thread, @Bill Gulley and I had a brief discussion on underwriting guidelines. Rather than take that thread off topic, I created this one to hopefully further the discussion. The main contention was whether ...
Jesse Flores
No income but plenty of assets and can't qualify for a 198K loan
Hi BiggerPockets,
I am looking to buy a duplex for $198K plus minimal closing costs. Income is $750 per unit or $1,500 per month. I wanted to get a loan with 25 % down payment. I have already put in a bid for the ...
Robert Flores
110 years old duplex in Cleveland Ohio with CoC 10.5%
I know the building is old but it has a nice CoC.I am asking my realtor to get the maintenance/repair records to see what has been done in the past.This will be an OOS investment and my first investment. My realtor wa...
Michael Lonsdale
Trouble funding my first deal
Dear BP Community :),
LONG Time reader, First time posting! I've read, listened to, watched, and soaked up as much info as I can from this site over the last few years. Incredibly grateful for the people responsible ...
Mark Futalan
Airbnb plus host- anyone been invited?
Anyone ever been contacted by Airbnb to be part of their Airbnb plus program? Any air bnb plus hosts out there? From what I know, it appears it’s just higher hosting standards in terms of cleanliness, amenities and cu...
Justin Young
Purchase all cash, refi, repeat. Would that work?
Aloha BP!Exactly as my title states, if I were to purchase a property all cash, then wait for the seasoning period (if there is any), and purchase the next property, are there any setbacks to this? There are a few thi...
Tanner Johnson
DSCR "Rural" lending
So I have been having a lot of trouble getting a cash out loan on one of my properties I own outright, and I thought DSCR lending was going to be my saving grace. Well turns out pretty much my entire investing area is...
Will Fraser
I want to live in the mountains: help please :)
My family is growing and as we grow in size we also grow tired of the mundane life of the plains. There is a lot to appreciate other than natural beauty, but as native Natural Staters we love us some outdoors. Parti...
Gary Kane
Investor From Jacksonville, Fl.
Technical professional working full-time ready to return to real estate investing. Have done a couple re-habs in the past, interested in the same as well as rental property. Have substantial IRA assets to work with, w...
Tyler Huntington
My First Deal, thoughts?
My first deal. Stats are below. Tri plex in a B area Lakewood, OH area. Needs appx $8-$9k in work done to bring it up to par.Thoughts/Peanut gallery comments/Whatever, let me know if this deal is plausible or I am mis...