17 September 2024 | 3 replies
No sense trying to delve deeply into technical aspects of the law over small amounts of money.
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17 September 2024 | 22 replies
Throughout 2023, we have published several articles on DSCR loans, introducing the BiggerPockets community to how interest rates and terms are determined, giving answers to frequently asked questions about DSCR loans and talking about exciting new developments and expansions of the product, including DSCR loans for five- to 10-unit multifamily properties.This article will cover another big aspect of DSCR loans–specifically, what documents you will be expected to provide once you have decided to go with a DSCR loan.
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16 September 2024 | 2 replies
If you place the right tenants consistently, you will rarely have problems.Here's a detailed guide on how to screen applicants: Application Screening GuideSecond, consider inspections at least once a year, preferably at the mid-point so you can catch damages before they get too far.
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16 September 2024 | 3 replies
Having money made thus paying for remodeling aspects is much better if I'm going to Hack this home for a labor deal with by master carpenter with 5 years left in his work career, and I can't get full market rent.
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15 September 2024 | 4 replies
Thanks for sharing your perspective—it’s definitely insightful, and I understand where you’re coming from.While I get that partnering with one exclusive buyer might limit your potential profit on individual deals, couldn’t there be value in the consistency and reliability of working with a cash buyer who provides specific leads/addresses and is always ready to close on those deals?
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16 September 2024 | 35 replies
hey Joe, happy new year :) He is mostly into multifamily rental properties, so he focuses more into that but also covers other aspects of real estate.
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14 September 2024 | 26 replies
For you, is having a 5-star overall rating on rental sites the most crucial factor for success, or are there other aspects that you consider even more important?
16 September 2024 | 14 replies
I guess I like the aspect of having an experienced investor to guide me through the entire process.
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16 September 2024 | 4 replies
However, they might discount the Underwriting, Processing, or Doc fees if you do multiple deals with the same lender, such as a portfolio transaction or consistent volume.
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17 September 2024 | 3 replies
If you go at a consistent pace by 30 you will be in a wonderful place financially and with your portfolio.