J Scott
Abortion? Or Porn?
27 June 2023 | 32 replies
You know folks, this thread illustrates perfectly the liberal double standard bullsh--.
Van Ngo
Commercial Construction Loan
24 June 2023 | 6 replies
Let's do a very simple, reduced example to illustrate how it works:Let's say the cost of the entire debt service (loan) = $1000/moLet's also assume your rental income from all of the units also = $1000/moYou divide the rental income / debt service (aka DSCR): $1000/$1000 = 1.00Most lenders like to see a DSCR ratio of 1.20 or better, meaning for every $1000/mo in your debt service, you are getting $1200/mo in rental income.Again, the example is simplified to illustrate how it works.There are lenders that do loans with a DSCR ratio of < 1.00, or even no DSCR, but there is always a trade off for those types of products - typically a higher interest rate.
Sean Kelly-Rand
Let's talk About Rent Control....
4 April 2023 | 11 replies
Buy in Chelsea, Everett and Cambridge as rents will explode there.Interestingly enough most econ 101 text books use the Boston/Cambridge rent control situation of the past to illustrate this very point.
Nathan Frost
DSCR Loans Please Explain
23 June 2023 | 10 replies
The longer the term, the less of an impact on the rate.I've included an example below to help illustrate this.
Zachary McDonough
What 21 Teenagers Taught Me This Week
25 July 2023 | 5 replies
This is a single focal point that I will use to illustrate how our environment changes us.
Bruce Woodruff
Any thoughts on Waterproof paint?
22 July 2023 | 4 replies
There a couple on this list that might work.https://www.sherwin-williams.com/property-facility-managers/facility-solutions/multi-family-communities/multi-family-communities-facility-illustration-guidesIf you are interested in them, you'll need to talk to a Sherwin-Williams Commercial Paint Store.The consumer based stores personnel will not have the training needed to help with these types of paints.It looks like Phonex has 3 commercial stores.
David Wasiloski
8-unit financing needed
22 July 2023 | 9 replies
I've included an example below to help illustrate this. 4.
David Caradonna
Subject to Financing
9 December 2022 | 12 replies
I'm looking for the highest possible cash-on-cash return.Let me illustrate the power of buying a home with no equity by giving you an example of a sub to we're closing on this month.The SituationSeller bought the place last year with a 3.25% fixed interest rate, 30-year am, and a PITI of $1,503 a month.
Nikki Dupoux St Jean
Real estate agent needed for Cleveland Ohio Area
27 July 2023 | 1 reply
I think it will help illustrate why so many agents and investors miss the ball on how to properly work together in a mutually beneficial way.THIS is why your Realtor is Ignoring you-DATA says they Should!