Ben Lukes
Paying debt with a business to improve personal DTI (episode 943)
In episode 943 of the podcast the guest, Jeff, said that if you pay your debts through a business account for 12 months, they will no longer apply to your personal debt-to-income ratio (DTI). Does that apply to conve...
Sam LaCroce
New RE Investor
I am new to this forum and I apologize in advance for not knowing enough about real estate investing but I am intrigued. I have a question and am looking for some feedback (advantages or disadvantages).
I am 29 years...
Jeffrey Gomez
Debt Service Coverage Ratio Loan (DSCR)
Morning Everyone!,Does anyone have experience utilizing a DSCR Loan? I do not have any properties yet, but I wonder if this would be a sound strategy to get started with my first few deals.
Nica Ferrante
Screening tenants - The most important decision
Hello BP people,As I'm working to put together my process for tenants selection there are a couple of questions I would like to have your feedback:If you have a couple as potential tenants, do you make both of them to...
Jackson Tate
HELOC on Rental Property
I've read that getting a HELOC on a rental property can be much more difficult than your primary residence. Has anyone worked with a lender that does HELOCs on rentals?
David Van Brunt
Filling the gap in tenant screening tools… Opinions, Please!
I started down this path of real estate investing just over a year ago, and am now on my 3rd property (six doors). I realised pretty early on that with buy and hold your success is as much dependent on the tenant as t...
Chris Marshall
What to do about gift taxes
I'm new to the investing world and I am getting my start because of a generous family member. They are gifting me property free and clear of any debt, and we are going to refinance the property and take on a loan to p...
Gabe K.
Another loan mod: your thoughts are welcome
Notes fans,I am holding NPN on a nice house in a great neighborhood (not that it matters all the time) where the borrower has equity. Info:MV: $125kPrin + arrears = $103kRate: 9.90%Pmt: $765/mo. Taxes paid.Borrower ...
Victor Bradford
Use property to pay for student loan/car?
Hey guys! So I just sold my property, and my wife and I are planning on getting rid of all our debt and still have cash left over to invest. My question is, do you think I should just pay off the student loan/ car rig...
Joshua Schmidt
Growing the Business
Well, we are at a good/fun point in the business as it is decision time on what to do next and how to do it. We currently have used the BRRRR strategy and I would like to stick with that strategy in some shape, form o...