Samuel Luebbe
Buying other half of duplex
We own half of a duplex in the Midwest. Recently the owner (also the builder) of the other side has decided he does not want to own as much properties and wants to sell some of his portfolio. His agent has reached o...
Henry D Griffith
Subject-To purchase and loan servicing
Greetings, I have a very unique opportunity to purchase a valuable property Subject-To the current financing in place. I remember hearing on one of the early BiggerPockets podcasts that the guest had a way to have the...
Account Closed
Commercial Loan Underwriting Problem
How does commercial underwrites calculate DSCR with no direct way to verify NOI? I want to purchase an off-market, single tenant, and vacant bank building but there is no rent roll. It was originally built by the ban...
James Sullivan
Need help with purchase of condo
Ok, here is the situation... I am trying to purchase a condo for my primary residence. So far, I was declined by traditional financing (portfolio loan) because my DTI ratio was too high, though I have rental properti...
Devin Williams
Newbie Stuck at financing
We are ready to go did the education (ongoing of course), saved a decent down payment, found a couple properties that make very good deals, but are stuck at financing.... so now we are back at the drawing board. Reach...
Ryan S.
Convert Hard Money Lending into conventional financing
Hi all - thanks in advance for your help.
I'm interested in purchasing a 2 unit rental in PA, and have an investor (friend) who is willing to lend me cash to purchase it. After a self-funded renovation, I'd like to ...
Ahsan Popal
Creative financing / ideas to purchase
Hello , I’m a marine corps veteran with a current VA home loan that’s my primary. My goal is to get a second property , tried a second VA home loan but my COE is capped . I am now open to other ways of financing , lik...
Anthony DiBenedetto
The First Step is Killing Me
Hey all - my name is Anthony DiBenedetto, and I wanted to introduce myself to everyone and also ask for any advice from those who were at one point in time in the very spot I am now. I live in the New Orleans area, an...
Jedd Braunwarth
Off market deal- how can seller lessen tax burden selling to me?
Alright experts need some advice. I have an off market deal I am buying from a seller, roughly $1.8mm, we had many conversations, toured the property, etc. The owner is wanting to fully retire and move out of state an...
Edith Alvarado de Cortez
Business Credit to Fund Your Deals
Hi everyone!I’m new to REI and eager to start out. I want to do fix & flips to begin building capital for a rental portfolio. I’ve been talking to hard money lenders and as a beginner I must give a 20% down paymen...