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22 December 2024 | 2 replies
In the interim I'm seeking PMLs to fund them.
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25 December 2024 | 5 replies
Layer on the ability to invest the funds that otherwise would go towards the down payment and transactional costs and you likely come out ahead in such a short term horizon renting.
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5 January 2025 | 39 replies
Somethings it even more expensive than buying a new construction in a class A neighborhood.The turnkey investments are not always the best option for every investor especially if you are just getting started and low on cash or you don't have reserve/emergency funds to deal with issues like maintenance and vacancies.
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30 December 2024 | 5 replies
We have been fortunate to rarely hold any security funds from former tenants.
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18 December 2024 | 9 replies
There are certain factors that need to be met like LTV.
21 December 2024 | 18 replies
I recommend establishing a reserve fund for major turnover expenses, capital repairs like a roof replacement, etc.
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29 December 2024 | 14 replies
Most states allow you to hire your own adjustor to come up with your own damage amount and then argue with the insurance company about.The insurance company will want to see the signed lease, proof of funds the tenant paid and confirmation the utilities were on and preferably in the tenant's name.
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15 December 2024 | 18 replies
The top funding DSCR lenders in the US in dollar and number of deals order:ChangeFairwayAngel OakA & DAcraNexBankRCNStronghillKennedyThey all have reserve requirements that exceed 3 months.
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30 December 2024 | 8 replies
Do you currently have enough funds to pay first month’s rent and a security deposit?
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24 December 2024 | 9 replies
Now your fully renovated home is getting top dollar rents, you could probably refinance too since rates are poised to go lower (lowering your monthly obligation), you could open a HELOC before you move with the extra equity and use that to fund your next deal and now you have 2 homes!