Matthew Tyson
No Seasoning DSCR Options?
As the title reads, I am looking for a DSCR lender with no seasoning requirement (if possible). I purchased a rental property just over 30 days ago with cash, and already have a tenant in place. Looking to pull capita...
Andrew P.
cash out refinance investment property
We want to do Cash Out Refinance which the title would be in the name of a LLC, currently creating, and we are looking for all term options greater than 15 year. Has anyone worked with a lender that will do this? We h...
Jeremy Porter
How to get cash out of a property you bought 3 months ago for cash.
I have a condo I recently acquired that I own outright. I am wanting to pull cash out of it. My issue I am running into is I recently switched into real estate full time so I do not have a w2. My credit is good/excel...
Allison Somera
Thoughts on DSCR Loans for Investment Properties?
As a hard money broker, I’ve been seeing more investors use DSCR loans for rental properties and other investment projects. I’m curious to hear from others in the community—how are you finding DSCR loans as an option?...
Christopher Stevens
REI Nation Property #4 - 7320 Marrs, TX - Thanks REI Nation!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $250,000
Cash invested: $83,700
My first TX property! I'm excited to invest in a TX property since the Dallas area ...
Jennifer B.
Newbie investor, 1031 exchange and too many choices - ideas?
Hi everyone! I'm brand new to Bigger Pockets and a complete newbie. My husband and I live in Portland, OR and currently own some farmland in another state which is cash rented and brings in 20K per year in income. The...
Account Closed
401k loan
Hello,If you borrow from your 401K through an employer, is it typically 50% of the account balance that you can borrow or is it 50% of the employee's contributions? In our case there are earnings and employer matchin...
Jeremy Robinson
VA loan on a 4plex in Utah... should I?
so I'm delving into my first deal, I just got approved for 220k on a zero down VA loan. I have not looked yet, just starting out, but I have a strong interest in multi family housing, living in one and renting out the...
Manav Mandhani
Larger down payment or negative cash flow?
Hey all,I've been working with a realtor in Austin, TX looking at buying rental property in the area. Based on our research, it's going to be nearly impossible to cash flow in the area unless I bump up my down payment...
James H.
Hard Money Details
I have found a HML that will lend up to 70% ARV at 12 percent. The closing costs are 3000 (which includes one point at closing) and there are 2 points due at payoff. Draws for rehab require inspection at a cost of 125...