All Forum Posts by: Treza Edwards

DCSR Loan

What costs/fees should I look out for? Are they financed in the loan?

Has anyone ever used this lender? All feedback is welcomed. Thanks

1.25- is that a good indication of whether you a property is a good deal? I bout one in 2019 and it has turned into a gem for me, but at the time, it would not have been 1.25

@Michael S.- I am also reading that book.

No- I do not.

Thank you!

@Jaycee Greene-regarding my lender

How can I correct cashflow issues if I have 3 properties? 2 are not cashflowing with the required expenses for vacancy at 10%, repairs at 10% and capital expenditures at 5%. Although I have 2 steady tenants in the properties and have not had any vacancies. If I were to reduce or take out the vacancy, the 2 would cashflow. The third property has a nice cash flow.

I am wondering if there are steps I can take to reduce the cashflow issues of the 2 properties before obtaining another property, like pay down the mortgages or should I just save the cashflow from the third property to pay for any future expenses?

Thanks

I have properties already. I just haven;t built before.