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10 November 2024 | 6 replies
Please note though this is an asset on your estate and if you have debts those also need to be resolved/paid which could complicate things - thus why I strongly recommend an estate planning attorney and a real estate attorney.
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11 November 2024 | 10 replies
Some DSCR (Debt Service Coverage Ratio) loans don’t require current income, focusing instead on the projected cash flow once you rent the units and building.
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10 November 2024 | 8 replies
Yes, you can ultimately own a property with little/nothing out of pocket when you're done - but when you reposition with today's rates even moderately leveraged stabilized assets can be hard to find cashflow with debt service and a realistic operating expense load.
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5 November 2024 | 17 replies
Our average eviction turn around is 20 days from filing to writ of possession.
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11 November 2024 | 13 replies
Hey Ram, I'd agree with David, I think you'd like to include a few more expenses like ongoing repairs, trash and replacement costs, plus add in something for vacancy and bad debt, plus add in closing costs.
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9 November 2024 | 27 replies
They charge $1500, get you into the door, using you to find a deal, setting up partnership to make you carry 100% debt and all the risk, while ripoff 80% ownership (include the 10% for sponsorship to get loan)You definitely can get some useful information from their event but do deal with them?
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7 November 2024 | 13 replies
Subsidized HOUSING WILL MORE THAN LIKELY GROW, yet the government will go into deeper debt to pay for it.I suspect new bonds will be created to pay for subsidies in housing.
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9 November 2024 | 44 replies
Also in regards to outstanding mortgage, most of these will be charged off by the bank as bad debt if they have not reported it as a foreclosure.
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8 November 2024 | 1 reply
Unfortunately we are carrying a lot of debt from our last real estate purchase.
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8 November 2024 | 3 replies
This crude method ignores all the other debt payments tenants have.