Richard F.
Recurring question about subsidized programs and discrimination
8 September 2023 | 6 replies
Apparently there are no actual Attorneys on these forums willing to provide useful insight, or better illustrate how these apparent conflicts of legal principles apply...or do not apply?
Sashika De Silva
4 PLEX investing - Big down payment limits you ?
22 August 2023 | 14 replies
The longer the term, the less of an impact on the rate.I've included an example below to help illustrate this.
Dillon O.
DTI Issue: House Hacked Rentals to Purchase SF Primary
7 September 2023 | 11 replies
I'm trying to illustrate a point.
Ravinder Gade
non warrantable condo refinance
14 September 2023 | 7 replies
If they will do a loan with less than 1, the pricing takes a hit.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 = 1.23DSCR lenders generally let you vest either individually or as an LLC.
Jeremy Shepherd
Spiders
7 October 2015 | 3 replies
Spiders generally prefer to be outside, so once you get them out and seal up their access points, you should be good to go.Here are some worthy ideas from a website I found... with illustrations!
Chisolm Tessem
Need help with a rental example from bigger pockets
5 September 2023 | 2 replies
I'm trying to wrap my head around the financial aspect of real estate (taxes in particular), examples are a great way to illustrate how things work, but it sounds like this was a poorly written example that didn't mention any of the details you just did.
Matthew Irish-Jones
Why push the BRRRR so hard
16 April 2021 | 120 replies
Of course he is showing numbers that work, to illustrate the strategy, but he's very good about giving pros and cons, as well as disclaimers, throughout.Just $0.02 from this skeptic. - RyanP.S.
Maurice W. Evans
Medium-Term Rentals: in NYC Navigating the Perfect Path in the Rental Market Maze
28 July 2023 | 6 replies
From marketing your property effectively to vetting potential tenants and arranging for regular cleaning services, we’ve got you covered.Let me share an illustrative story.
Steve Meyers
Negative Cash on Cash
28 November 2019 | 7 replies
You need to set this up in a BP calculator to illustrate the situation .
NIcholas Hamel
Does Velocity Banking work????
27 July 2023 | 237 replies
Here is a simple example that illustrates it.