Rick Albert
Buying without counting towards DTI
23 July 2024 | 13 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
Vivek Kumar
People with poor credit but seems due to living on cash
22 July 2024 | 17 replies
So I got a tenant application who has a credit score of about 520 and same for spouse.
Sam P.
What cap rate do you all look for when investing in a duplex or multi-plex property?
22 July 2024 | 10 replies
If you all have a CORE 4 to recommend in these areas please let me kThanks in advance Cap rates are not applicable to residential property imo.
David Chappell
Buying a House with LLC but refinancing for a rental under personal name
22 July 2024 | 9 replies
@David ChappellA few key things to point out:You will need to change vesting on the deed back over to your personal name prior to beginning your conventional application.
Mike Wood
DSCR and Commercial Loan Question - 2+ unit Investment Properties
22 July 2024 | 17 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
Hamada Beeka
Can a Landlord rent out his house while it's in a contingent sale transaction?
22 July 2024 | 13 replies
The LL is in the wrong, but you have been minimally harmed (some lost time and effort, maybe application fees).
Neil Narayan
Elon Musk plans to move X, SpaceX HQs to Texas
22 July 2024 | 37 replies
My last several tenant applicants were Texans and my last several listings sold to Texans.
Liam O'Hara
First-time real estate investment, considering partnering
22 July 2024 | 8 replies
Should teach you a lot about finding and keeping good tenants, credit checks, application fraud, renewal strategies, etc.3.
Tony Zhang
What's the penalty for using VA or FHA loan for non primary residence?
20 July 2024 | 8 replies
FHA & VA allow for a "Change in circumstance" for example you are moving, changing jobs requiring new location, new school, enlisted military, divorce, other life circumstance outside of your control.As far a penalty due to no intention as using from the start of the application.
Eric Wong
Is it possible to cash out refinance free and clear investment properties?
22 July 2024 | 17 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).