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9 January 2025 | 107 replies
I would be interested in that contact as well.
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16 January 2025 | 1 reply
Higher inflation equals higher interest rates.
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16 January 2025 | 19 replies
If the floating rate debt starts costing too much and there is no capital to replace a rate cap, reserves run out.
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19 January 2025 | 47 replies
Comes with a known rate, a known term, a known payment.
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10 January 2025 | 1 reply
Im self employed, roughly make $130k gross anually, 1099 NEC , no debt at all, 740 credit score. Want to get a loan for $250k in AZ
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18 January 2025 | 12 replies
Rent, Expenses, NOI, Cash Flow, COCR, Cap Rate, Market cap rate.
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17 January 2025 | 14 replies
For a cash out refi, you are generally limited to 75% LTV and rates right now are in the mid 7s for good credit and a DSCR over 1.0.
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29 January 2025 | 10 replies
There are quite a number of things that can make utilizing an FHA loan more difficult such as more barriers during appraisal, appearance of low qualification/little cash, typically longer closing period, likely higher interest rate, and PMI cannot be dropped without a refinance if 3.5% down.That said, just chain 5% down conventional loans, and make sure your duplexes pay for themselves.
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15 January 2025 | 8 replies
Make sure the previous property management company did their job and communicated a change in management prior to you taking over--along with your contact information.If they have no done this, they should so the tenant doesn't feel like a scam may be going on.Just make sure they're away of where rent payments need to go and who they can contact in the future.