Hudson Filippi
Using FHA Construction to House Hack?
30 January 2025 | 8 replies
Most larger communities will have a Homebuilders Association, i would start networking to find a builder that can finance the construction.
Lenny Montesano
Young aspiring real estate investor seeking advise
3 January 2025 | 26 replies
Meetup is a fantastic app to find real estate meetings around you, and look for local REIA (real estate investor associations) and attend a bunch of meetings.
Robert A. Coloma
Anyone dealt with a company LOANGUYS?
20 January 2025 | 62 replies
You can verify us through the following link: https://www.bbb.org/us/ca/wood...You can also verify us through the American Association of Private Lenders (AAPL) lender directory https://aaplonline.com/directo... and PrivateLenderLink.com https://privatelenderlink.com/...Our team has a culmination of over 30 years experience in the mortgage industry.
Jack B.
What are the risks of DSCR loans?
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.
Angel Santiago
Property Manager South Florida
14 January 2025 | 8 replies
Any individual PM (not associated with companies) who can handle 3 doors in Jax and Citrus Spings, fL
Scott Vaeth
6% Tax Rate - South Carolina Rental Properties
30 January 2025 | 6 replies
This is almost regardless of the $600/month extra tax hit, but more so with the $600 extra tax associated with renting.
Lucas Kirma
College Student -> Full Time (Brand New and Eager to Learn)
29 January 2025 | 10 replies
Podcasts like BiggerPockets Real Estate Podcast are also goldmines of information.Networking: Check out real estate meetups in Boston through platforms like Meetup.com or local REIA (Real Estate Investor Association) groups.
Hunter Purnell
New Real Estate Agent in Palm beach County
11 January 2025 | 3 replies
My family also owned a construction company, so I have some experience in handling projects associated with real estate.
Joel Oh
Anyone owns OMG category?
13 January 2025 | 12 replies
Still dry but -20 degrees means this makes a good way to keep things warm with little energy.Here is a builder in Durango, CO - https://www.formworksbuilding.com/
Daniel Borgenicht
Investing in a condo as a long term rental
13 January 2025 | 3 replies
While I understand the risks associated with investing in areas unfamiliar to you, my budget forces me to do so.