Account Closed
What part of rental income do lenders consider?
14 September 2024 | 10 replies
Some lending programs are more or less (there are various programs) but in general 50% DTI is max.In order to ensure you accurately plan for your future mortgage its good to know up front how these situations would be affected and what borrowing power you will need when the come times to purchase this upcoming "condo."
Melissa Wongkamalasai
Chicago Multifamily CoCROI
14 September 2024 | 8 replies
If you are going to expand your market or consider bigger properties, I suggest you investigate some multi-family training programs like that offered by @Gino Barbaro.
Rachel Leonard
Buying a house to rent to my in-laws
14 September 2024 | 6 replies
Hello, You can purchase this as an investment property, using the DSCR program, where we simply qualify the property with out using tax returns, etc.
Ricardo Serrano
CAP rates in Memphis, TN
14 September 2024 | 12 replies
I just saw Dean Harris, the cohost of the program indicating that he can send it directly.
Katie Neptune
Baselane and PM Software
13 September 2024 | 3 replies
I've used other programs in the past (Quickbooks) and an old fashioned spreadsheet, but neither worked for me.
Bob Martin
New Section 8 investor
13 September 2024 | 4 replies
For help with the section-8 process, it's very important to have a PM that's familiar and connected with the HUD programs in the selected market.
Matthew Newsom
Is airbnb arbitrage worth it?
13 September 2024 | 11 replies
I worked with a DFY arbitrage program that found me an arbitrage property in Arvada CO which made me about 50k net.
Michael Plaks
EXPLAINED: Tax strategy or an abusive position?
15 September 2024 | 2 replies
They are not even programmed to do far simpler sniffing tasks than this, and a year-to-year comparison is extremely hard to automate, both technically and logically.Who does it, then?
Don Konipol
Why I Believe Many Investors Have the Wrong Goals
13 September 2024 | 20 replies
It is precisely because of mentoring programs that teach strategies and techniques to people who do not have any grasp of the three afore mentioned fundamentals that we have such a mess with “wholesaling” and “subject to” that governmental authorities are figuring ways to heavily regulate or outright ban these activities in the residential real estate field.
Noah Bacon
Harris and Trump's Housing Plans from Last Night's Debate
13 September 2024 | 61 replies
But no, that's not the programing you received so your going with regurgitation vs thinking things through here.