
10 September 2024 | 18 replies
However depending on variable factors as DSCR ratio, LTV, FICO, loan amount, Prepayment penalty or not it can range from 6's to high 8's.

11 September 2024 | 3 replies
You’ll definitely want to dig into the zoning and permit requirements for your area to get a clear picture of what's allowed and what the associated costs might be.Also, don’t forget to factor in things like parking and whether you’d need to add a kitchenette to make it a viable short-term rental (STR).

10 September 2024 | 1 reply
Are there factors that am missing to consider if this conversation would really add equity to the house?

12 September 2024 | 17 replies
I just signed a subscription for a new property in March without incident. re: rate consistency in section 6.1 “The quality of the experience is based on a variety of factors such as calendar accuracy, Host response times and booking acceptance, rate consistency,”

10 September 2024 | 13 replies
If you can househack something like a 2-4 unit your down payment money might go further and allow you to borrow more since often times lenders will factor in some or all of the other rent as income in the DTI calculations.

11 September 2024 | 13 replies
Thanks @Kevin Sobilo, I hadn't thought about the inflation factor-which is impactful.

12 September 2024 | 54 replies
They often pay cash or put a big chunk of money down.You will miss out on a whole bunch of folks that should be on your list, and you will get a lot of people with no equity using a time factor rather than an equity factor.I hope this helps.Sharon

9 September 2024 | 7 replies
There are lots of factors that can effect this!

11 September 2024 | 69 replies
So I just saw this post about Section 8 HUD tenants, and this post stated something along the lines of section 8 tenants being more likely to damage properties because they're section 8 low income tenants, and also something about investors not wanting to put money needed into Section 8 properties because they think they're just going to be ruined by these Section 8 tenants, and as someone who knows the entire process with investors, owners, contractors, tenants, and prospective tenants, this is what I have to say about it:In my experience, Section 8 HUD tenants are actually better custodians of the property because of many factors, but 3 of the main reasons being, there is an annual HUD inspection that is performed on each property, so this gives the owner an extra 'protection vector' against damages, also, the initial placement of a Section 8 HUD tenant requires a passing HUD inspection, therefore there's a record of the property's initial state prior to move in, and additionally, they want to have an easy renewal voucher process annually, and their unit remaining in good condition is an incentive for those reasons, therefore they are LESS likely to damage a property - their future depends on it!

10 September 2024 | 28 replies
Imputed value comes from taking the assessed value from the tax assessor and multiplying by the applicable factor that the PA Dept of Revenue has determined for that county and year.