Colleen A Levitt
DSCR out of a DSCR?
9 January 2025 | 15 replies
Typically most DSCR lenders follow a traditional 5, 4, 3, 2, 1, PPP or a 3,2,1 PPP.
Tobi Isaacs
Who can beat this HELOC?
9 January 2025 | 5 replies
If the bank prices their debt based on the fed rate you typically see WSJ Prime + 1%.
Steve K.
Anyone Else Fed Up With Loan Servicing Companies?
8 January 2025 | 33 replies
Hopefully I get a break from loans transferring to new banks/ servicers for awhile, I'm over it.
Diandre Pierce
DSCR lending expert
20 January 2025 | 23 replies
I would suggest either talking with a local bank/credit union about refinancing your existing portfolio and/or one that shows they do MHP loans on their website.
Bob Asad
How do you prevent co-mingling of funds?
7 January 2025 | 24 replies
This is a FREE service provided by the bank, and we have used this account for about 15 years or so.
Santosh Bhor
House Hacking and Insurance?
3 January 2025 | 2 replies
You cannot have a traditional homeowners policy and a landlord policy on the same dwelling.
Carolina Solorzano
Anyone investing in STR in Niagara Falls?
14 January 2025 | 17 replies
A couple of years back they even cancelled holiday lights traditionally displayed in a large local park.
Frank Pyle
Seeking Advice on Financing an Airbnb/Short-Term Rental
12 January 2025 | 10 replies
I have had a couple of clients just get the loan approved with the long term rates and then the bank really doesn't care how they get it rented out after.
Duncan Forbes
Would like Suggestions on Foreclosure Buying
11 January 2025 | 31 replies
Makes banks happy, but not what you want if you are concerned about your bottom line.
Alan Asriants
The realities of when you start acquiring more units - unexpected vacancy
14 January 2025 | 9 replies
While very lucrative - if you don't have enough reserves, it can really break the bank.