Devin Clark
Portfolio expansion financial options
I have two rental properties (SFH/Duplex) with a fairly hight debt to income ratio as result (~40%), but have a solid government job and plenty of investments in financial markets to be considered financially healthy....
Jason Greenway
Ive Always Been One For Thorough Checklists...
Okay, I admit, I am one for checklists and getting everything done, then moving to the next step. I am at the beginning of a 'buy-and-hold' strategy. Just want to make sure I get my affairs in order, so I wanna run th...
Chris Burton
VA restoration of entitlement: can I sell to my business?
My first post on Bigger Pockets!Greetings all! I've read a few conversations so far about VA restoration of entitlement, but have yet to see this question asked here or anywhere else on the internet. A little about my...
Terri B.
How many BRRRRs are you doing at once?
I've never really "BRRR'd" I'm in the position to do so now with a free and clear property, however I'm concerned about having too much debt. If I pull most of the equity out of an existing property and get a 15-30 yr...
Scott Karg
In over my head???
I have purchased 4 rental properties in the past year or so. the latest I just closed on this past week.
So far the ones I have purchased cash flow VERY well. My personal threshold is the property must flow a minimum ...
Alex Silang
Getting a mortgage with 30k W2 income
This is my financial situation:30k incomeRental property (I own):4k monthly rent1.5k/mo PITIWant to buy:350k-400k property4k monthly rentI've used online calculators (for what they're worth) and they say I qualify. Al...
Lamont Marable
How does this sound for Private Money?
I asked my followers on Instagram in one of my posts if they knew anyone that wanted to make 8% on their money. Simple trying to build up my cash buyers. Two people reached out to me and said they were interested. Her...
Eric H.
Short Sale a Property to Myself
Greetings BP Family,Thinking out loud here and would like your feedback.My buddy brought his 1st home in Dec '07. We all know what happened to the market after that. He purchased for 165k and has paid on time since th...
Josh C.
How to move around private money?
If I am just starting out and have a private investor who is willing to loan me the cash needed for a flip, how do I get that money from his hands to closing? Is it customary to ask the partner to write me a check pe...
Russell Peden
Commercial Lending question....
Hey All,I'm looking at a deal on a 6-unit building. When I contacted the agent about putting an offer on it, he said "...sure, just provide me proof of funds or a Pre-Qualification from a Commercial lender"I had plann...