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29 January 2025 | 107 replies
Everything that I bought recently needed 30% down to get to a 1.2 DSCR even with relatively high rents between $1,850 and $2,650.
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23 January 2025 | 10 replies
More doors means less vacancies and it might motivate you to save up and buy a new SFR when you are ready to settle down.
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12 January 2025 | 20 replies
Figuring the seller was milking the property and doing minimal upkeep, the inspection team report has so far already helped me bring the seller down several 100K in asking price.
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13 February 2025 | 15 replies
That is the basic run down, I would suggest syncing up with a real estate knowledge accountant for your specific situation!
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27 January 2025 | 14 replies
If you sell, you could access the equity you’ve built and put it toward other investments or save for a future down payment.
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2 February 2025 | 14 replies
@Joseph LeibovitchYou just missed the window...Just before the FED provided their first rate cut, DSCR loans were down to nearly under 6% with 1 year PPP at par pricing.
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5 February 2025 | 11 replies
You should be able to narrow it down quickly.
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16 February 2025 | 28 replies
I would say most investors would agree that it all comes down to the numbers on the deal and not who you get the deal from really.
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6 February 2025 | 10 replies
It's a grind to get the snowball rolling down the hill.
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30 January 2025 | 4 replies
Paint, Plumbing, Roof, Flooring, appliances.B- neighborhood.55,750 down payment + 20k in repairs. 75750 all in.Median rent for the neighborhood is 2k.532 cash flow.I already asked them to drop the price by 15k for us to remain in the deal.