Petar Radakovic
New Member: GC From DC/MD/VA Area
Just wanted to take a quick moment to introduce myself to the forum. I heard about it from a good friend who I frequently chat with about real estate investment and both of our goals for our futures.A little on my ba...
Geneva Michaelcheck
How to convert garages into higher income spaces in residential zoning?
Hi BP, I'm in contract to buy my first 4-plex, which has 2 underused accessory buildings that I would like to turn into money makers. One is a row of 5 garages, the other is a row of 4 storage units. The property is i...
Joseph Duenas
Looking for Line of Credit Recommendations
I have a couple of free and clear rental properties. I'm looking at getting a single, low interest line of credit against the properties. Does anyone have any recommendations on products or financial institutions? ...
Account Closed
10 Units Purchased w/cash--43% LTV Portfolio Refi Out Options?
I am curious to hear from portfolio lenders on what my options are in the below scenario:--10 Single Family homes--Package ARV 500K (50K per house) --43% LTV--Paid cash nothing owed.--All renovated/performing propert...
Gustavo Martinez
New Agent!!
Hello,My name is Gustavo Martinez, i am a new agent working off the Milford, CT office for WIlliam Raveis, i am so excited to get my career started and make great things happen! I am have active on BiggerPockets for o...
Ryan Schwartz
FHA construction loan
Hi, my wife and I are mulling around the idea of purchasing land and building our own home. I didn't think this would be a feasible option as the loan guidelines for construction loans typically require at least a 2...
Ryan Todd
Greetings from Lubbock, Texas
Background is fairly simple:Owned 1 rental property for 7 years now (not in Lubbock). I feel at times I have been lucky because I have had the same tenants the entire time and just renewed them for 2 more years. Goal ...
Eddy Ramos
Financing from Local Credit Unions in South Florida
I am looking for local credit unions in South Florida where some investors have had success with so far. Wondering if someone may be able to share their experience or the local credit unions that understand Real estat...
Kimberly H.
Debt coverage ration (DCR), tax returns, and commerical loans
I understand that DCRs need to be 1.25 and above for commercial loans, but what source do lenders use to compute those numbers? Tax returns? Just most recent or 2 years worth? Do they ignore depreciation as it appears...
Brandon Coutts
Company names
I've been having somewhat of a difficult time thinking of a company for my real estate investment company, especially when it comes to getting the domain name also. One of my top ideas that also had the domain name av...