Richard Bautista
Would like to connect with a team based in Cleveland Ohio
12 January 2025 | 5 replies
Price points will vary widely here.
Ankit Lodha
Cash-our Refinance - DSCR
8 January 2025 | 13 replies
This varies by lender.More on DSCR loans: DSCR loans won't use your income to underwrite the loan.
Shayan Sameer
Fix n Flip 70% rule
3 January 2025 | 45 replies
Spending too much time on analyzing one deal will put you out of the game on too many other ones...
Isadore Nelson
Help Non-Paying Tenant Transition Into Section 8 Eligibility?
28 January 2025 | 15 replies
She will probably game the system for the next 6-12 months, but that's what you get buying a property with a non-paying tenant in place, in an anti-landlord city.
Stacie Telles
Refinance on Investment Property
29 January 2025 | 7 replies
Play the long game and hold onto that equity.
Nevin Wilkie
Where to find Owner Phone Number for Run Down or Abandon Properties?
21 January 2025 | 8 replies
I've tried a couple - truepeoplesearch, white-ages, property radar, leadsherpa, batch leads...Some services are better than others, but it is a numbers game and you also can cross check between different platforms.
Pierre Tran
Advice Needed: Options to Cash Out My Equity Without Disrupting a Seller Carry Deal
12 January 2025 | 1 reply
But your mileage may vary.
Joseph Pisano
SFR DSCR Lenders Texas
28 January 2025 | 13 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).
Francisco Milan
Listing Agents Question: If you needed to get 5 listing this month .....
19 January 2025 | 2 replies
Good listings are a people game, not anything you have at the bottom of your post.
Daniel Cacho
Wishing nothing but blessings to everyone
24 January 2025 | 2 replies
@Daniel Cacho I’m 35 years old, have been in the game for over a decade, own 26 doors, run a property management company with 350+ units, and operate a realty brokerage with a small team of agents.