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17 November 2024 | 33 replies
Imputed expenses are important because they will be included as Operating Expenses when a lender appraiser does its appraisal, and also when the lender calculates its Debt Service Coverage Ratio.Regarding pest control, it's not just monthly roach spraying.
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9 November 2024 | 21 replies
2> Terms and best practices: What are some ways to better set myself up to qualify for long term debt service products?
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14 November 2024 | 10 replies
It's a great book about how he became debt-free and started investing in house hacks.
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10 November 2024 | 4 replies
Find out what that VA restoration will really cost youSecond, you are making a rookie mistake, one that the gurus play on to make you spend money for almost always useless sessions.
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16 November 2024 | 12 replies
Since you're not even sure if you want to be a landlord then take the bulk of the money and pay off any debt.
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18 November 2024 | 12 replies
Eliminate debt, establish a budget, and save.
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14 November 2024 | 5 replies
So it really comes down to risk management and how comfortable he is with debt.
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15 November 2024 | 13 replies
Now if rents can go to 1,100, different story.Value is based on Net Operating Income, and lending is based on Debt Service Coverage Ratio.Gino
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12 November 2024 | 4 replies
DSCR stands for Debt Service Coverage Ratio, which is a calculation that determines if a loan's income covers its annual debt service.
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15 November 2024 | 16 replies
I forgot to mention, it's meant to be turnkey so they manage it, and their split is 10% of gross income before all costs and debt service etc.