AJ Wong
Rookie Multi Family investor utilizes low 15% down payment DSCR loan on 4-Plex
Just wanted to share, I've noticed a loosening in down payment requirements for DSCR (debt service ratio loans) that either use the actual or proposed rental income to qualify. Many lenders have investment property ex...
Mike Dugan
Grand Rapids Investor friendly banks/Credit unions
Think I have my first single family residence ready to pull the trigger on. 84k purchase price. Have 20% down and wanted to know of Grand Rapids Michigan lending institutions that are investor friendly. Credit scor...
Bryan Hancock
Elite Award
Should the site get rid of the Elite Award since the News Editor and Journalist awards are no longer achievable? These have been broken for over a year that I know of.
Are there any plans to fix them?
Jimmy S.
Banks wont loan me more money
I am having a hard time finding a lender. I have 5 mortgages right now on 5 properties and have a very high debt to income ratio. My credit score is 790 and can put 20% down but prefer less.What is killing me is my de...
Edward Wiener
Mortgage after a bankruptcy
Hi, I live in Toronto. I went bankrupt a year before and I had to work hard to restore the credit over 700. Now I want to finance our new home, is it hopeless to get a better rate?Can anyone please advise on how to ge...
Taylor Haywood
How do you approach a lender?
My mother got contact information for a lender from a real estate agent she has worked with before. The agent said she could call him and see how much of a loan she qualified for. The real estate agent knows that I am...
Noah N.
How will incorporating/LLC affect my financing strategies?
Hello everyone,My name is Noah, I'm just starting my education process and I'm living near Pittsburgh,PA. I'm currently interested in a multifamily home investment and my credit score is great. If want to incorporate/...
Justin R Levy
Game Plan?
Gaining access to new credit, but credit is from foreign lender. So it won't help my credit score here. My question is two fold, how can I use the access to liquid funds from abroad to purchase property and build my c...
Adi Habib
Would I be able to qualify?
Hello, I am a 18 year old who has been learning about real estate for the past 4 months. During this journey I have found the great opportunities that rental properties offer. I have about 3,000$ saved up, and have be...
Matt Hudson
Financing the first deal
Hello BP Brain Trust,I'm working towards buying my first property which I hope to BRRRR. We're about to open up a HELOC on our primary residence as we have conservatively $200k in the property. We were hoping to use t...