All Forum Posts by: Lynne Burke

There’s no actual form. There’s this: https://njevict.com/how-to-han...

Let me see if I can get this for you.

@Jared Rine thank you. I appreciate the guidance! From research, I felt that was the case, but I’m not an expert, so I figured I’d double check.

@Jared Rine thank you. I appreciate the guidance! From research, I felt that was the case, but I’m not an expert, so I figured I’d double check.

I'm struggling with this as well amd have all but given up on a HELOC. I can't find anyone who will look at current 1099 earnings, rather than averaging the last 2 or 3 years (we started in real estate mid-2019). Frustrating.

Quote from @Michele Williams:

Hi, I'm the facilitator of the Sussex County DelREIA meeting, and an active investor and mentor in Sussex, and throughout Delmarva. Would like to connect with other active Delaware investors!

I’d love to connect as well. My husband’s parents live in Milton/Lewes area and my husband and I are buying (and working on financing) a single family home to STR in Rehoboth. Please feel free to reach out!

Husband and I are looking to finance a single family home in Delaware. I got a couple of quotes for DSCR loans, but they seem high. 20% down on a $630k property, for $505k loan @ 7.5% (or buydown with 2 points to 5.5%, 1 point to 6.375). Husband and I are purchasing for AirBnb purposes. High seasonal rental deman (just the summer season will cover the annual PITI). Lowest credit scores for each of us are above 740, highest credit scores hover just under 800.

@Eric Bilderback

Would love the name of your lender as well. In the same position!

Hi Kyle,

What did you end up learning? Would love to connect as my husband and I are searching for the same and would love to be able to get a summer home and rent out when we're not using it.