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15 January 2025 | 8 replies
For rentals in an LLC, most lenders look at the cash flow of the property (aka DSC Ratio: Debt Service Coverage) and your credit score rather than your personal income.
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9 January 2025 | 16 replies
Jared Provost 906-362-1801raincitycapital.com Middle Man Broker Fees LOL There is absolutely nothing wrong with an experienced Broker finding a solution for an investor and charging a fee for a service they provide.
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7 January 2025 | 10 replies
Typically people charging for that service are doing it because they need the money...if you catch my drift.
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5 January 2025 | 0 replies
My thinking is that by renting to a residential care facility I can effectively utilize all the space, earn above market rent, and help provide a needed service, while avoiding tenant parking jams.
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10 January 2025 | 8 replies
This ability to offer a full-service experience not only sets us apart but also keeps revenue flowing, even when the market shifts.4.
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6 January 2025 | 5 replies
From there, adding discipline will get you to where you want.Instead what you're doing is advertising you have money, no knowledge and are going to have the average BP RE agent(bottom of the barrel quality) come here to promote their services with no regard.
13 January 2025 | 41 replies
Always. interesting plot twist as more carriers cancel and people need to get new policies and see the original borrower is not on the policy etc will the servicers be telling the lenders to call the loan.
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6 January 2025 | 7 replies
They claim it is a triplex (two regular units and an "efficiency unit".
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7 January 2025 | 7 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
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19 January 2025 | 18 replies
The primary requirement is that the expected rent would cover the mortgage on the home - and that expected rent is typically determined by a combination of the appraiser and some service like airdna (a site which determines fair market rent).