
12 January 2025 | 6 replies
If you can shorten the window on the cash out refinance to the next purchase/refinance the rate is not really a factor.

8 January 2025 | 13 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).

15 January 2025 | 3 replies
If every rental listing has a washer dryer included that market expects it and you should have them there.

13 January 2025 | 0 replies
The rise in home equity over the years can be credited to two key factors:1.

16 January 2025 | 10 replies
Several factors at play: the sales market has been slow so many would-be sellers are converting houses they can’t sell to rentals, lots of new construction units have been completed recently, and in-migration has slowed down a bit.

24 January 2025 | 36 replies
Avantstay, a newer entrant in Houston's short-term rental market, offers owners a range of services, including impressive marketing, thorough guest screening, and comprehensive property management.

17 January 2025 | 10 replies
"Phase I included 388 responses with over 1,200 comments and suggestions while Phase II included 141 responses and several hundred more comments and suggestions.

15 January 2025 | 1 reply
Magistrate Judge Aileen Goldman Durrett on December 4, 2024.According to information presented in court, beginning in 2017, Espinosa, Smith, and Baltazar, along with others, are alleged to have operated a mortgage fraud scheme using various companies, including Short Sale Queen, L.L.C.

24 January 2025 | 12 replies
Do you include a website on the mailer, or just a phone number for the seller to call?

3 February 2025 | 27 replies
Make sure you fully understand the market you’re investing in, including rental demand, property values, and local landlord-tenant laws.Building a good team early on is also key.