All Forum Posts by: David Pearl

Hi! My name is Cierra, and my husband and I just closed on our first property at the beginning of the year. We turned it into a duplex and it is half-STR, half-LTR. Now, we are ready for the next step and looking for a property in our city to house hack. The biggest issue we are running into at the moment is finding a profitable multi-family unit and how to fund it. That is why I have joined Bigger Pockets—to connect with creative problem-solvers and learn from other investor's experiences. I can't wait to connect with you!

Anyone have a good referral for a DSCR loan?

Can you use a Helco to buy an investment property in ohio. If so what would that look like. Being a Helco and I'd be buying a property and adding debt to the helco.

Hi all,

I’m selling  a solid triplex in ATL, it’s a good money maker and occupied by solid tenants. Excellent curb appeal.  All are on month to month leases offering the new owner flexibility.

I’m an investor and open to offering seller financing.  This is a great opportunity for someone wanting to house hack or just cash flow a triplex (2/2.5,2/2.5,1/1). Ask $425k. Gross rents: $43,800 annually - a bit below market due to longer term tenants.

Reach out if you are interested in learning more.  Just listed today - would love to work with another investor. 

Hi,

I've been buying houses, one by one in Detroit using traditional lending (Conventional and DSCR). I've found a portfolio of 15 homes (could be split if necessary) but wanted to know where I can find a lender that will finance it in its entirety instead of individually? Im not sure if this is called a blanket or portfolio mortgage. Any input would be greatly appreciated, thank you.

Hi everyone! I am trying to understanding the history of interest rates for an LLC loan. My partner and I are in the middle of purchasing a duplex in the Philadelphia area. We are taking a loan out on the LLC with one of us as a personal guarantor; from my understanding, this is a commercial loan. The loan is 7.75% 30-yr fixed.

We were asking our mortgage broker if interest rates ever decrease for these loans. Our broker mentioned that the average interest rate is 7.5-9% and they have never seen the rates drop below 7%. Is this accurate? How would one make a BRRR work in this scenario?

Hi, I am looking for a duplex in need of some repairs, not major, basically some repairs that the buyer can do on his own, in the Los Angeles area, for either all cash or getting financing, depending on the case, but preferred to be financed. Please contact me for more details.

Thank you!

Thank you everyone!  I have a unique situation where investment in real estate might post challenges, primarily in the financing sphere.  I am a self employed person and don't have W2 to qualify for conventional or FHA financing.  I have learned a bit about creative financing and really want to know who has the experiences enough to teach me about how to do it in any area, but mostly in my own backyard of Bay Area, California.  Thanks in advance.

My first Rental property. But now I want to sell it, So I can move and free up my VA Loan. Property is a Duplex with newly constructed ADU. Los Angeles Ca. If I do sell. I want a good, knowledgeable Realtor in that area. Referral? Recommendations? Opinion?