Jesse Jones-Smith
Advice on keeping expensive house as rental and downsizing
16 November 2024 | 12 replies
Since you're not even sure if you want to be a landlord then take the bulk of the money and pay off any debt.
Chris Williams
Deal Going Sour
15 November 2024 | 18 replies
They take possession of the property in foreclosure.
Jamie Parker
Seller Financing into Long term debt service products
9 November 2024 | 21 replies
2> Terms and best practices: What are some ways to better set myself up to qualify for long term debt service products?
Joanna Mendoza
Pay off Mortgage?
14 November 2024 | 5 replies
So it really comes down to risk management and how comfortable he is with debt.
Jeremy Hartwig
Need help with property value
15 November 2024 | 13 replies
Now if rents can go to 1,100, different story.Value is based on Net Operating Income, and lending is based on Debt Service Coverage Ratio.Gino
Kenneth Johnson
Literally any advice to getting started would be appreciated.
18 November 2024 | 12 replies
Eliminate debt, establish a budget, and save.
Natasha Rooney
Mortgage Rates as an Out of Country Investor
12 November 2024 | 4 replies
DSCR stands for Debt Service Coverage Ratio, which is a calculation that determines if a loan's income covers its annual debt service.
Peter Thielemann
Will be inheriting a property I want to turn into a rental.
14 November 2024 | 13 replies
Borrowing: If you have an investment or business that makes more money than the interest rate costs you on the debt, it might make sense to get a loan to multiply your returns.
Brandon S.
Home Team Vacation Rentals VR Reviews - Has anyone used them?
15 November 2024 | 16 replies
I forgot to mention, it's meant to be turnkey so they manage it, and their split is 10% of gross income before all costs and debt service etc.
Jordan Wisser
To invest or not to invest with current interest rates...
14 November 2024 | 1 reply
You'd be borrowing a slightly higher amount but your monthly debt service could drop by a few $100s. i.e.