All Forum Posts by: John Moisa

Thank you for the responses.

With regard to short term rental mortgages how does the lender look at the borrowers Debt to Income? I know with long term rentals you can show the leases and that will offset the DTI. But with STRs how do they look at the borrowers debt to income?

Yes it is currently vacant.

I am very familiar with genes program however in the state of Virginia becoming an assisted living facility is asking to be harassed by the department of social services. so I do not want to provide care for seniors. I was wondering if anyone has taken an old ALF and converted it into apartments or  a senior home share where the seniors who are living independently with out need of care rent rooms and share common space. 

I have an opportunity to purchase a property that used to house 88 beds in an assisted living facility. I was wondering if anyone has had any experience in turning an assisted living/nursing home or small hospital into a senior, 55 and older home share, or apartments?   Any input would be a help. Who knows this might turn out to be a thing in the future.

Are their any classes where I can learn from start to completion the steps for Large multifamily properties. Maybe a workbook with property analysis, Underwriting best practices, checklists so I do not miss anything. any suggestions would be a great help.   

I had the same situation a few years ago it turns out the toilet had a small leak at the stopper inside the toilet tank. it was constantly trying to fill the tank

https://kkoslawyers.com/

The above link is who we are using in Virginia. they can guide you.