Ok, looking for some input from the BP community. Here's my situation ( Ill try to be as succinct as possible)...- left my financial services business in January '15 to go full time in RE- current income = $0/mo- cred...
Hey guys, so I'm saving to invest in my first home here in the next 10 months, I was thinking putting my savings in the bank doesn't do me any good, maybe for liquidity and stability However 10 months is a while and ...
Hello everyone. I currently have a significant amount of money invested in mutual funds with a major investment firm. Considering the current state of the U.S. economy and the prospects, or lack thereof, of a recovery...
Morning all, I am working to become a mortgage note investor presently (performing only). While I enjoy the education, I am looking for a company that will handle all details for me and allow me to collect passive in...
I was curious how the two compare. I'm aware that in wholesaling, one must tread lightly on the side of "brokering", especially without a RE license as this opens up potential doors for legal issues. But how does this...
I have a duplex under contract in a south suburb of Minneapolis. It's a really good area, good school district and high rental demand. Because of the amount I have to put down and the amount of deferred maintenance, i...
Hi all, I have a couple questions about property values vs. rent prices in and around Salt Lake City:As we all know, property values in the area have gone way up over the past 5 or so years (particularly for single fa...
We are all going to need to work with a Loan Officer during our RE investing. The experience can be smooth or challenging. What were the actions that made a loan officer stick out as great and what were the action tha...
I live in California and like most Californians it's extremely expensive to invest here so I've been looking at out of state turn key properties. But I have read numerous stories of how investors got ripped off. My ...
Hopefully this is the right thread for this question and thank you in advance.TL;DR - own a few rentals, DSCR is 1.05, could take out a bigger loan against a property to get more cash for next purchase, DSCR would go ...