
19 January 2025 | 9 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 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

16 January 2025 | 7 replies
In a 1031 exchange, does the replacement property need to be more valuable than the total sale price of the deal I sold (including other investors), or just my individual portion of the investment?

14 January 2025 | 7 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

16 January 2025 | 20 replies
It's going to offer Strong economic growth, Appreciation (especially in DFW), Tax advantages (no state income tax), and a Growing population, including infrastructure and amenities.

10 January 2025 | 7 replies
I've been informed that completing the course alone may not be sufficient to pass the exam, so I’m seeking advice on how to prepare effectively once I complete it.Currently, my only other resources include a YouTube video, five practice exams, and a textbook.If you have any additional suggestions—whether online or in-person, paid or free—that could help me effectively prepare for the exam, I would greatly appreciate them.

17 January 2025 | 24 replies
It will include an approval letter from the IRS.

12 January 2025 | 2 replies
DOM can be minimized by a number of different factors including the quality of marketing, rent price, availability to show.

11 January 2025 | 2 replies
I'm confident if the Bomberos were not already on site the entire campo including our property would have burned down.

13 January 2025 | 25 replies
i have an LTR portfolio in 3 states including CT and PA.

10 January 2025 | 11 replies
. -- lots of factors to consider (including your personal strategy), but here are a few high level metrics to compare the most populous zip codes in HuntsvilleWelcome to drop me a message if you are interested in checking out the full report