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i'm getting ready to purchase my first rental property but I'm running into some issues, I own a home ( I live in) which has 100,000 in equity and I will like to use that money for down payment or just buy a property ...
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I may have gotten myself into a tight gut spot early on in my real estate career.
I purchased a property with cash under my name, rehabbed and have it renting at a great rate and have about overall 4% after all costs ...
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I would like to know how lenders typically view rental income when applying for further loans/mortgages. Do they view this income as part of your gross monthly/yearly?I myself have a W2 job and make an about an averag...
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I have a meeting scheduled with the AVP of real estate with my credit union at the end of this week. My goal of the meeting is to discuss with him my investment strategy and ultimately get a green light. Obvious topic...
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Good Evening, I am a rather new investor currently closing my second deal. Im looking into ways to increase my buying power to a level lenders like to play at. I've been sniffing around the idea of using credit cards ...
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I am located in Dallas, Texas. As a new investor, I am attempting to locate a bank, local or nationwide, that will provide funding for a mortgage $50k or less. Can someone assist me or point me in the right direction...
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Hello BP Community,I was wondering who has experience with using hard money lenders, in the tristate area, and what have their requirements been . Some ask for a specific amount liquid assets in order for you to pr...
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Hi Everyone!Could you please tell me how I would value a business for a personal financial statement that I would be submitting to a bank for a commercial property loan? I own a photography studio. I lease the space ...
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Hello I came to see about how to get investors into opportunity zones. With another project I am working on I have developed a very good relationship with the city to get land from them for basically free. The peopl...