All Forum Posts by: Demetrius Gatling

@Eric H.

Thank you for taking the time to respond to my post. I will definitely reach out to BB&T. Yes, I agree I do need to to get involved with our local REIA which I will make one of my first priorities.

Hey biggerpockets family,

I'm very eager on doing my second deal which will be a conventional loan. The only debt I have is mortgage  (I'm house hacking) and credit card debt. I live in the Georgia area and I'm trying to d business with a small town bank instead of using a big bank again like a credit union. My debt to income ratio is well below 35% but the small bank lender said it was 42% which I know he was inputting false information. Anyone know of a bank I can do business with or out of state for a conventional loan in which I'm looking for 30K.

thanks

Thanks for all the assistance. I don't mind spending the money to market I just dont want to order something I have no idea what I'm doing. @David Bokman @Louis Davis

Thank you so much. Hoping I can return the favor one day. 

Hey Family

I'm trying to use the list source site in search of wholesale deals. Can you all provide some useful tips before I spend monies on unnecessary items. Thanks 

@Aaron Francis 

Hey I have access to many properties in the 30k range in different counties in Ga. I graduated from GA Southern University which is near Pooler. Hopefully we partner in many deals.

Nice I learned a lot just by reading this thread! Thanks

hey family

I recently purchase my first duplex last year in which I'm currently house hacking form of finance a FHA loan. I'm saving the rental income, my credit score is almost excellent, and my debt to income ratio is low. You all think I should purchase a single family home through a short sale or foreclosure in which I would use a conventional loan and later pull out a second mortgage to purchase more property or purchase another duplex? I'm in fear the duplex might alter my debt to income ratio preventing me from doing more deals.

i agree with @Ryan Hamm any in town local bank will be beneficial for you. The major banks that will be located in other states will not be best for you.