
8 January 2025 | 13 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

17 January 2025 | 37 replies
It included my real name, our real home address, and what was probably a Google voice number.

11 January 2025 | 15 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

27 December 2024 | 9 replies
I recommend you include some of your key qualification criteria in the advertisement.

2 January 2025 | 30 replies
I have properties all around popular spots, including smoky mountain.

2 January 2025 | 3 replies
View report*This link comes directly from our calculators, based on information input by the member who posted.I’m considering purchasing two investment condos to help pay for my children’s college tuition in 13 to 15 years.

9 January 2025 | 5 replies
Cost was about a dollar a mailer and my assistant's time, including postage.

4 January 2025 | 2 replies
I just bought my first rental property in Baltimore, MD, and I’m planning to rent it out by the room, including the basement.

31 December 2024 | 2 replies
View report*This link comes directly from our calculators, based on information input by the member who posted.Hello All, Please help me analyze this BRRRR deal and figuring out what's missing here.What are the holding costs based on?

5 January 2025 | 17 replies
Including most of the big malls like The Galleria in Dallas and the Stonebriar in Frisco.