Tyler Sweet
Cryptocurrency and Real Estate
16 January 2025 | 6 replies
The process of buying real estate with crypto through a private seller will vary from seller to seller.
Lincoln Waite
Paying utilities on a Multi-Family and it's eating all of my cash flow. (Iowa)
6 February 2025 | 20 replies
Use varies throughout the year.
Christopher Hu
First Rental Property listing questions
4 February 2025 | 6 replies
Use varies throughout the year.
Stacie Telles
Refinance on Investment Property
3 February 2025 | 12 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).
Nick Henry
Appreciation or Cash Flow Focus When Starting Out
3 February 2025 | 32 replies
That amount varies a lot.
Tomoko Hale
A possible first STR property?
28 January 2025 | 29 replies
The property is located in a mid-size city with several attractions nearby.I understand that management fees can vary by location, but this property management company charges 20%.
Joel Barjon
Refinance my rental property
6 February 2025 | 20 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).
Carlyn Chism
Hard Money Lenders - Low Credit Score Refi options
14 January 2025 | 4 replies
The process can vary greatly so it's important to understand it and ensure it works for you.
Keira Hamilton
What I Learned from Owning and Selling a Laundromat – Exploring a Different Asset Cla
6 January 2025 | 31 replies
Real EstateHere’s a quick compare and contrast of my experience buying a laundromat vs. real estate investing.Obviously, your experience with real estate can really vary, particularly depending on the market you’re in.
Laurens Van swol
DSCR Loan for Florida investment
27 January 2025 | 15 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).