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15 September 2024 | 38 replies
DSCR Loans are pretty much standardized and arent really negotiable like CRE loans so people don't usually spend much at all on this
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16 September 2024 | 7 replies
This allows them to bypass the REP status since they are full-time doctors and cannot meet the standard.
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14 September 2024 | 9 replies
Pretty much all major components were newly installed / fitted and done to a tasteful standard (new metal roof, plumbing, electrical, kitchen, flooring, bathroom, doors, new hvac, decks, vinyl siding etc) and I have visited and walked through 3 times and even been under crawl space to inspect a repair that was previously noted on an inspection to the foundation after termite treatment which looked to be a good job.
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14 September 2024 | 3 replies
We put in around $15,000/$20k worth of construction & furnishings to bring it up to Airbnb standards.
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16 September 2024 | 21 replies
It's a great example of how landlords are duped into accepting bad tenants.Define some standards, then stick to them.
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21 September 2024 | 71 replies
Then they sell the Turnkey property with the standard mortgage loan or DSCR loan..
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14 September 2024 | 23 replies
Internal corrosion in the lines can and will affect the pressure and draining capabilities of the plumbing system at some point in the future.
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15 September 2024 | 13 replies
Get a standard 30-year DSCR on it and start the process now.
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15 September 2024 | 22 replies
I work with a Family Office who is doing standard 1 yr PPP on DSCR with no points and I haven't quoted anything over 7% in weeks.Cheers!
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14 September 2024 | 4 replies
If you were able to use the standard TREC lease agreement, there are many items that protect the property/landlord in there.