
31 December 2024 | 3 replies
Quote from @Kevin Sobilo:Monthly Rent + Monthly Debt Payments <= Gross MONTHLY Rent * 45% Obviously I made a typo.

14 January 2025 | 25 replies
It looks like according to the county site (sbcounty.gov) they require all renter payment go to the active owner.

5 January 2025 | 24 replies
For a sample, consider a $295,000 project with a down payment of 5% and a mortgage payment of 7% interest.Good luck!

2 January 2025 | 0 replies
I was thinking I could put down the 50k so he had enough to pay off the heloc and make payments to him for the remainder to be paid off in 10 years with new renters.

26 December 2024 | 9 replies
They are there on time reliably, do a good job managing inventory/off site laundry, and generally do a good job cleaning overall.

3 January 2025 | 7 replies
We paid $1.775 million for the notes, worked out a modification with the borrower, and received the first 5 monthly payments relatively on time.

3 January 2025 | 12 replies
I'm glad to know you received your January payment.

27 December 2024 | 19 replies
I don't take a credit score as a reliable metric in my market.

4 January 2025 | 9 replies
that isn’t subject to higher down payment requirements or higher interest.

4 January 2025 | 5 replies
I'm under contract for a nice double and was hoping to use part of the money for my portion of the down payment.