Mike Terry
Port Huron, Saint Clair County and the Thumb Coast of Michigan
25 December 2024 | 4 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
Brett Jurgens
Best way to use built up equity?
22 December 2024 | 23 replies
Quote from @Brett Jurgens: @Jay HurstThanks for responding3.75%, 30yr fixedLike others have said, with that interest rate your best bet is probably to do a home equity line of credit (HELOC) to put towards an investment that you can quickly recoup your initial investment on.
Gregory Schwartz
Could Redfin be correct predicting 7% interest rates in 2025?
22 December 2024 | 24 replies
Potential buyers (good credit, income, and savings) holding off because of high interest rates.
Adam Ross
Property manager recommendations
24 December 2024 | 3 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
Alexandra Scardo
Construction loan with land as downpayment
24 December 2024 | 4 replies
They have told me that assuming credit, debt, etc check out fine that I will have enough equity in the land to make the downpayment for the cabin that I want.
Derek Stevens
Valuation of unconventional and profitable STR property
26 December 2024 | 18 replies
Has this property been working for a while with a track record of income performance?
Julio Gonzalez
Cost Segregation FAQ
31 December 2024 | 3 replies
Some of the additional benefits include:Reduction in current tax liabilityInsurance savingsImmediate increase in cash flowMinimization of recapture upon sale of the assetIdentifying disposition expensesIdentifying repair and maintenance expensesEnergy cost savingsConstruction tax planningPreservation tax credits (historical and new market)Fixed asset reviewDEIRA Reports (reduces insurance premiums, benchmarking reports, energy audits and reserve studies)What other questions do you have about cost segregation?
Blake Dailey
I Bought A 130 Unit Hotel and Resort!!
1 January 2025 | 36 replies
We just closed in late Dec so the financials are a work in progress but we’re projecting and tracking closely to a 55% expense ratio and should have about 11% CoC in year one through the renovation period as we get more renovated units online.
Dustin Sanders
Any 10-15% DSCR Loans?
19 December 2024 | 26 replies
Quote from @Na Wilson: I have a source (depending on credit score) that can do a 90% LTV DSCR loan on non-owner occupied real estate.
Carter Mayberry
Refinancing my current FHA to Commercial Financing
13 December 2024 | 15 replies
I have a few commercial loans that don't report to my personal credit.