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 ...
Jared W Smith
Hardmoney for Buy and hold?
Hello all, working on getting my first rental property. I feel as though I am decently versed in real estate and can analyze properties well. At this point I feel like I may be falling into analysis paralysis.. I’m ge...
Shreed Sista
Creative Financing for Owner Occupied (63%) Commercial Building
Hi All!! Newbie here,I'm currently 1 of 2 tenants in the building I'm interested in purchasing. The owner is open to selling (not cash-strapped or anxious to sell necessarily), but with the potential sales price and...
Aaron Mazzrillo
Which do you choose?
I got a property under contract today. ARV is $190K. Seller owes $187K. The loan is 5.1%, 30 year fixed, PITI of $1,249.51. Long term tenant paying $1,675 and all utilities. I purchased the property subject to the exi...
Michael R.
New Investor with money, background, need strategy advice
Hi All! I am new to the site… I do not currently own any investment properties; however I am plotting my entrance into the market. A quick background; I am a CPA investing with my dad who is a residential realtor. I s...