Lindsey Waltz
85% ltv DSCR
23 January 2025 | 5 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
Ed Long
How Do You Decide If a Borrower Is a Good Fit?
23 January 2025 | 9 replies
I’m assuming that you save quite a bit of money.”
Rachel Jane
Rent or sell
20 January 2025 | 7 replies
If you can rent it for $2,000/month, after fees, taxes, and potential maintenance costs, you’d still make a decent passive income.
Adam Newman
10% down or 20% down???
23 January 2025 | 10 replies
If you don't intend to do that right away then do the 20% and save the extra cash flow.
Courtney Dettlinger
Should I use home equity loan & how
22 January 2025 | 1 reply
Quote from @Courtney Dettlinger: Your equity is not a savings account from which you can withdraw for free.
Jason Burkart
Gift money for family or buy a rental for family?
20 January 2025 | 8 replies
If you do place the property in her name, you've got a Gift Tax (Form 709) to complete.
Ryan Crowley
Pay off mortgage and snowball?
19 January 2025 | 61 replies
Most of my renters are nurses, engineers, and tax payer funded employees (Government workers).
Aaron Sommerville
Purchasing my first rental property in 12 - 14 months, any advice?!
23 January 2025 | 2 replies
Check with your municipality about how property taxes will change when you buy the place.
Ben Mardis
Investing Newbie: an intro and preliminary strategy review
16 January 2025 | 7 replies
I'm starting out doing redeemable tax deeds and going to auctions where everybody has "bigger pockets" than I do.
Jason Munns
Canadian Lender Finder?
23 January 2025 | 4 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).