Katie Panzica
Options for financing when DTI is high
Hi all! I’m just looking to get into REI and am unsure about what financing route I can take. I currently live in Southern California and our family primary residence, not surprisingly, puts us at a pretty high DTI r...
Albert Young
How co-borrowing impacts future debt to income ratios
I recently purchased a triplex with my in laws. It is a shore property that we plan on renting two of the units seasonally and keeping one unit jointly for our own use over the summer. Both my wife and I as well as ...
Account Closed
What's your commercial REI strategy?
Do you invest exclusively in your home state or nationwide? What do you look for in a commercial property? National credit tenants or independent tenants? How do you go about learning about a company/business when opt...
Alexander Chavez
New Member from Chicago!
Hello Everybody!I am new but old to BP as I originally joined back in the middle of 2014 and was following along until I began searching for a new job (Engineering)that was closer to home (was commuting Chicago to Aur...
Jim Douglas
Help! Commercial Property / Family Partnership
I have an opportunity to invest in a commercial property and need some help. This is the backstory. My grandmother's trust is attempting to liquefy all of her assets. One of which is a commercial building th...
Erik E.
Primary residence -> future investment?
Hey everyone. I wanted to see if anyone purchases their primary residence only after running the numbers to see if it would be a profitable rental once you move out (I know the numbers would most likely change so may...
Chris Willis
Foreclosure Rehab or Duplex?
I'm new to the REI market but actively seeking my first investment. I am debating on whether or not I should pursue a foreclosed home and renovate or buy a duplex.-I have found a foreclosure in my general area for rou...
Travis Beehler
It's never too early to start
I've been doing real estate investing for about 4 years now, and when people ask me about it, one of the first things they mention is how hard it must be, how they are too old, or some other excuse why they don't purs...
Account Closed
Question for those who have used a HELOC to invest
I am seriously considering taking a HELOC against my home and using it to start my flipping business, or possibly as a down-payment on an income property (but most likely flipping).
Would love to hear from those who ...
Mike Coleman
Reasonable lender request?
I am already working with a mortgage broker and have run into this issue:I own a SFR outright, but the last tenants did a number on it. I wanted to roll repairs into a note and borrow against the property. Appraisal...