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8 January 2025 | 13 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.
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5 January 2025 | 2 replies
Our goal is to establish a structure where the property owner can secure financing based on the long-term lease with the operational company.Any advice or insights from those who have navigated similar situations would be greatly appreciated!
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21 January 2025 | 35 replies
Based on the excessive amount of hours spent and the lack of prior authorization as agreed upon and taking into account our prior communications regarding minimum acceptable owner distributions, I must insist at least the labor portion of the repairs be refunded.
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5 January 2025 | 39 replies
If these homes were such great investments, they would keep them for their own portfolio.When you purchase an investment, calculate your returns based on actual performance.
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15 January 2025 | 29 replies
In Texas we do not have real estate sales taxes but property taxes are high and also included in the proforma based on the 90 day holding period.4.
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10 January 2025 | 16 replies
It's all relative and subject to change based on each individual person.
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5 January 2025 | 17 replies
Freddie has similar intricacies, but also does not require a two year history of receipt; https://guide.freddiemac.com/app/guide/section/5306.4If you can use the rental income to drive the DTI down so that you can reduce the down payment similar to that of the FHA product, the benefits of the conventional option will outweigh the FHA option, as I'm assuming you have a strong FICO based on rate quoted with no points.
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6 January 2025 | 9 replies
• Is it all just customizable based on what works best?
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5 January 2025 | 33 replies
Property values have been appreciating rapidly in recent years, and the city’s population has started growing again—a trend we haven’t seen in decades.I’m also based in California and have been investing in Detroit for several years, so I understand the concerns of out-of-state investing.