
14 January 2025 | 37 replies
If the loan was fully funded at closing and since then the loan is in an interest-only payment period, these numbers would equal.

15 January 2025 | 4 replies
I answered a question yesterday by saying "DSCR loans are like belly buttons...everybody's got one."

25 January 2025 | 17 replies
I imagine there is not much of a relationship with the turnkey service after the sale and I would deal with the PM and Loan company directly.

10 January 2025 | 7 replies
Hello, my name is Julian. I am a licensed realtor based in Atlanta, Georgia, and I am currently working on obtaining my mortgage origination license. I am 14 hours into the 20-hour online course offered by "RealEstate...

15 January 2025 | 18 replies
So you are talking about a loan of $200K.

29 January 2025 | 21 replies
We are BRRRRing it and we’re originally going to rent traditionally, however we decided to look into it as an Airbnb, and when we put in current loan rates which will be near or at 7% when we are ready, we’d only cash flow about $150 a month 😱, but as an Airbnb our projections are around $1,300 cash in our pockets monthly. 💰 At this point is a no brainer 🧠 and we know if it doesn’t work out or we don’t like doing it we can always revert to a traditional rental.

26 January 2025 | 11 replies
It’s good to budget for unforeseen expenses.Regarding PMI, it’s worth discussing directly with your loan servicer since many lenders require holding the property for a period or reaching specific equity thresholds before removal.If market rents are $2,200–$2,500, hiring a property manager could help you optimize rent while taking the burden of tenant screening off your plate.

21 January 2025 | 5 replies
We were trying to buy a loan that was in default and the current lender was emotionally attached and has it listed for over $2M when comps are $1.5M.

3 January 2025 | 11 replies
Loan interest is deductible based on the use of the loan, not the asset securing the loan.

6 February 2025 | 58 replies
You should have a chat with your accountant, if you had a loan on the property, you may need to buy a property for more than the cash you received to defer 100% of the gain.Best of luck