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5 June 2024 | 3 replies
DSCR loans have become extremely popular amongst foreign national investors because they do not require income verification to qualify or U.S. credit history (many use local credit history from their home country to verify creditworthiness), allowing for a more efficient underwriting process. 2.
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7 June 2024 | 14 replies
A slightly saturated market could mean a more motivated seller.
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5 June 2024 | 8 replies
But not having someone there with the properties interests in mind to verify the work being done is quality would personally make me uneasy.I would definitely look at a local PM for the long term and then after the first year and hopefully the first round of renewals you can make a more educated decision as to whether or not to keep them around.No matter what you decide to do, congratulations on the investment!
5 June 2024 | 5 replies
I have a pretty good idea, just hoped to snag a tip from a more experienced operator that may save me a headache.
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9 June 2024 | 223 replies
The lender will typically require a more comprehensive title insurance policy with endorsements typically not required on a residential purchase.
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5 June 2024 | 6 replies
My advice, reach out to a Starkville realtor for a more informed opinion.
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5 June 2024 | 7 replies
I am not a STR specialist in southern Maine, but I can connect you with a management company that is and would be able to give a more exact guess.
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4 June 2024 | 9 replies
You'll find some crime as you would with a more affordable area but overall it offers good rents in a time where rents are at historic highs.
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5 June 2024 | 16 replies
It can be great to also partner with a more experienced investor to learn the ropes.
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4 June 2024 | 5 replies
These can include inputting your own information and getting a cost seg in 15 min, or having an engineer come to your property and make a more detailed study of your STR.