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Results (10,000+)
Jerome Boudreaux Beginner looking for advice
23 February 2025 | 18 replies
Finding deals can be done numerous ways but I suggest you just start reading bigger pockets for a few months to start.
Charlotte Wilson What type of mortgage should I get?
24 February 2025 | 6 replies
That being said, every FHA loan has UFMIP which is 1.75% of the loan amount, as well as monthly mortgage insurance pmts that are about 0.5% of the loan amount annually.
Ryan Roth $20k to invest
5 February 2025 | 14 replies
Shorter term CD's actually have higher rates than longer term so staying in the 3-6 month range is best.  
Michael D. VALUE: Now vs. What it could be
10 February 2025 | 16 replies
I've seen sellers be so fixated on a price that they give up closing a deal and wait months to get their desired price.
Nick Wimmel Searching for Small multi family
23 February 2025 | 5 replies
Generally, he lands a lead worth going after every month
Seth Kellow Purchasing Camper Trailer as a Business Expense
7 February 2025 | 0 replies
I'll be talking to my CPA about this later this month but wanted to see if anyone else has done this sort of thing.Thanks!
Thu Pham Purchasing an existing Airbnb with future bookings
14 January 2025 | 25 replies
Airbnb came out with a new co-host option where you could get paid for your services to assist owners by selecting % of rents...maybe have him pay you 99.9%?
Guang Yang pricing manager and synching system recommendation
9 February 2025 | 8 replies
We only have one small property, so I manually adjust the price based on what I see for the month
Kwanza P. Best Credit Score for Financing
22 February 2025 | 4 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).
Grant Shipman A Parable: The Investor Who Wouldn’t Let Go
16 February 2025 | 1 reply
→ Automated property management software could streamline it.Over the next few months, Michael slowly started letting go.