Duarte Marques
Is it possible to get DSCR Loan without credit score and other factors?
31 January 2025 | 8 replies
@Duarte MarquesPossibly but highly not recommendedFor those with no real estate experience or experience in taking on debt, it’s not easyTo do it also with little to no down payment or reserves in most occasions will end in disasterReminds me of when in high school a friend used to let his dog drive his car.
Kris Kempe
Subject to exit strategy PLS HELP
22 January 2025 | 13 replies
The interest rate is 7%, so we suggest this property is for someone who wants to get into Lease Options and meets the other requirements such as adequate reserves and credit.That means, they buy the property, they wind up with $50,000 in equity and they do a Lease Option to a buyer who doesn't currently own a house, but wants to.
Prashanth Jagadeesh
Looking for investment property
31 January 2025 | 1 reply
Save your money/liquid reserves to stretch over more properties or to buy and renovate.
Kyle Kline
Short Note Investing
28 January 2025 | 7 replies
My recommendation is to save money through your W2 until you not only have enough for a down payment but a reserve for repairs as well.
Linda M.
Security deposit increase for NYC lease renewal
17 January 2025 | 3 replies
Should that reflect the new amount, and then I simply confirm via email to tenants the additional $100?
Tim Brinsek
Analyzing a Deal with Private Money Covering Part of the DP
31 January 2025 | 6 replies
I would confirm this first.Otherwise, I just use Excel and develop my own pro forma from there.
Laureano Perez
PRO MEMBERSHIP DISCOUNT CODE
26 January 2025 | 46 replies
Can confirm that as of today, for the annual membership, both of the following codes work:PROBFCM - 23% Off for 1yr - At checkout there is a prompt that reads “Then $390/yr after coupon expires”REALESTATEROCKS - 20% Off - no prompt or message at checkoutGood luck folks.
Fareen E.
Refusing a Tenant Prospect Before Showing/Application
13 January 2025 | 31 replies
When they apply is when you should confirm their identity.
Calvin Kwan
Convert Duplex to Triplex in Oakland, CA
28 January 2025 | 8 replies
If I wanted to convert my duplex to a triplex, 2500sqft per unit is needed on my lot (also confirmed by Daniel above).
Roland Stone
Anderson Business Advisors
25 January 2025 | 15 replies
They confirmed our appointment by text, email, and call numerous times before our scheduled consultation.