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11 September 2024 | 20 replies
In fact, AirDNA is so accurate that many lenders will now accept a AirDNA estimate (for non-declining markets) as evidence of sufficient qualifying income on many DSCR (Debt Service Coverage Ratio) loans and mortgages.
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12 September 2024 | 4 replies
For multifamily investments, using the LLC name is typically sufficient for legal and banking purposes, as advised by your CPA and banker.A DBA may be useful if you want a separate brand or manage multiple properties under different names, but it’s not required for most investors.
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14 September 2024 | 19 replies
For your convenience, several self-addressed envelopes have been provided for your use.If you have any questions, comments, or concerns, please feel free to contact me between ##:## am to ##:## pm.
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14 September 2024 | 7 replies
My plan is to self-manage the property and rent out the duplex as an STR.
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10 September 2024 | 0 replies
The lender assesses whether the rental income is sufficient to cover the loan payments.
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12 September 2024 | 8 replies
To date I have been self-managing my property and it has been pretty straight forward since I was living there.
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13 September 2024 | 8 replies
You want someone self-certified to avoid delay from multidepartment review (there's a list of maybe 700 of these architects on the City site).
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14 September 2024 | 8 replies
I currently invest in multifamily within a two-hour drive from my home and self-manage all while maintaining a full-time job.
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16 September 2024 | 24 replies
As an MTR I can get $2,200 but I need to pay an average of $200 for utilities and an extra $100 for vacancy reserves (I self manage so no increase there).
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15 September 2024 | 15 replies
Are you planning on leasing the property yourself/self-managing?