Billy Knox
Why use a Real Estate Agent?
20 September 2024 | 73 replies
I speak with various officials, financing pro's, property owners, all the various around R.E. and know the "water-cooler" knowledge which reality is, that's the first to know. - Dissemination.
Tayvion Payton
Creative Financing for portfolio of rental properties
9 September 2024 | 6 replies
My main question is around financing – how do you typically secure funding for a portfolio like this?
Jeremy Beland
The Deal That Almost Put Us Out of Business
9 September 2024 | 5 replies
They were struggling to find a new place to live and needed financial help to secure their next steps and provide Christmas presents for their children.
Marssie Versola
Cost estimate for carpentry work for flip project
9 September 2024 | 7 replies
I am new to flipping, and haven't yet secured my contractors - just looking to do some cost analysis.A.
Dustin M.
Title loans on mobile homes
9 September 2024 | 9 replies
The only way that many can achieve the American dream of home ownership is by having an investor like yourself available to make it happen by loaning them the money needed and securing a lien against the mobile home.
Kay B.
No shower for 3 days due to necessary repair
11 September 2024 | 31 replies
When she finally moved out the damage cost was $5500, exceeding her security deposit by $3,250.
Steven Jaszcz
Recommendations in Michigan Multifamily
10 September 2024 | 2 replies
Your journey so far sounds impressive - developing strong analysis skills, building relationships with brokers and industry experts, and even securing potential sponsors is no small feat.
Nazimuddin Basha
Strategies to Combat Negative Cash Flow Due to Property Tax and Insurance Increases
11 September 2024 | 9 replies
If you own multiple properties, vendors may offer discounts for securing long-term contracts.Reassess Your Debt Structure→ If your mortgage terms allow it, you could refinance to a lower interest rate or extend the loan term to lower your monthly payments.
Brock W.
Selling VIA owner financing WITHOUT retaining the deed...?
9 September 2024 | 1 reply
The sale of the property is recorded on the deed and filed in the land records.Banks file a mortgage lien on the property to secure their interest in the property.
Joseph Scorese
Key Differences Between DSCR & Cap Rate that a Real Estate Investor Should Know
10 September 2024 | 3 replies
Summary of Key Differences: Aspect DSCR Cap Rate Purpose Measures debt service ability Measures investment return Formula NOI / Debt Service NOI / Purchase Price Focus Cash flow vs. loan payments Income vs. property value Perspective Lender’s viewpoint (loan approval) Investor’s viewpoint (ROI evaluation) Role of Financing Highly dependent on loan terms Independent of financing Use Primarily for loan qualification Property valuation and comparison Conclusion: DSCR is critical when securing financing because it shows how well the property can cover its debt payments.