Marina Wong
711 Rescue - does it help LP in case of imminent foreclosure
21 January 2025 | 19 replies
I dont personally care about distributions as its just pocket change but i do care about the principal and getting some equity when they are sold..
Travis Mullenix
Aloha Capital Reviews?
27 December 2024 | 27 replies
As it reads, a pro-rata share is "equal to the Purchase Price of Participation divided by the Outstanding Principal Balance of the Note."
Brian Willie
Selling Property Owned Subject To On Wrap-How To Structure?
29 December 2024 | 6 replies
Principal mortgage balance is $159,531.
Steve Englehart
Cashing out IRA to buy rental properties.
3 January 2025 | 45 replies
Warren Buffet said the most important part of investing is to protect your principal.
An Lan
Any better suggestions?
26 December 2024 | 7 replies
If you are just looking for principal protection assets you can do a lot better than empty houses, if that's what you are doing.
Vinny Muli
Tapping into equity on my property that is under an LLC
3 January 2025 | 19 replies
DSCR's are "term" loans, which means there's some amount of principal being paid back with all of your loan payments, vs. lines of credit where you're generally only paying interest.
David Lewis
Boston - Has the ship sailed?
23 January 2025 | 45 replies
I was taught this my the principal of one of the largest industrial REITs in the country and it has always proven to be true.
Eric Coats
Running STR #s for Newbie
10 January 2025 | 19 replies
My investor clients are typically happy with a small return right now but are buying on the idea of refinancing and getting future higher cashflow, principal paydown, and appreciation.
Nina Erlandson
Has anyone used Obie Insurance?
28 January 2025 | 56 replies
It's interesting that Obie returned a $200K value but they do allow editing so I was able to correct to an amount I feel was midway between principal and replacement value.
Juliet Silver
Best Lenders for Canadians to Purchase in Florida
27 December 2024 | 15 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).