
3 December 2024 | 7 replies
Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

4 December 2024 | 33 replies
or waiting and saving.

8 December 2024 | 8 replies
I learned I could save $10 and time by doing the bank transfer from home, but still I'd be out $53 every time I pay.

9 December 2024 | 12 replies
Once you’re comfortable, focus on creating content that reflects your business’s unique personality and values.If editing and creating thumbnails feels like too much, hiring someone on platforms like Fiverr or Upwork can save you time.

10 December 2024 | 11 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).

9 December 2024 | 24 replies
I have saved $25k over the last 18 months and continue saving $1500/month from my job.

9 December 2024 | 6 replies
I really appreciate it If you can pay in cash and not deplete your liquid cash below your emergency savings bucket, I would go cash right now.

6 December 2024 | 25 replies
If you don't have the cash, start saving now, and if you can pick up a cohost client or 2 you will save it quicker than you think.

7 December 2024 | 35 replies
Many borrowers think they can “cut out” the middleman (mortgage or loan broker), save some upfront “points” and fees, and go direct to a lender.
7 December 2024 | 2 replies
I have been saving for years to invest in my first multifamily property.