
19 December 2024 | 8 replies
I mainly want a site that offers advertising the property, online payment options, maintenance requests & at least a basic accounting aspect.Thank you in advance!

20 December 2024 | 3 replies
My 21k per year rent payment to the airport would now be 80k in taxes.

19 December 2024 | 37 replies
We send countless emails, and he answers us every 6/8 months saying he will work out a payment plan.

20 December 2024 | 7 replies
@Brock Bernall As a rookie House hacking is the best for getting started has the lowest risk and best profit for a low down payment option.

20 December 2024 | 6 replies
With the cash out refi it would be the same you would just factor what you would cash flow with the new monthly payment.

15 December 2024 | 9 replies
If you can get hold of a reliable and honest builder, you will be fine (that does not mean you will not go over budget).Low CapEx, Little Hassle, Quality Tenant, You can manage new construction out of state for the first 5-years, Tenant May Stay longer (because is a brand new house) are few benefits of new construction.You may not be able to get close to the 1% rule though.Goodluck

19 December 2024 | 15 replies
Highlights:* no prepay on 12 mo bridge* 6 months guaranteed interest on a 24 month bridgeThese are interest only loans and the DSCR calculation isn’t a factor in the lending decision.Compare the cost of your lower interest rate DSCR loan, including PPP versus what the bridge would cost at a higher interest rate and no or minimal PPP.PPP=pre payment penalty :)

27 December 2024 | 66 replies
House hacking is an excellent strategy, and just got a lot easier as conventional loans now allow 2-4 units with only a 5% down payment.

19 December 2024 | 5 replies
You can get away with using 5% for Class A tenants, but we use 10% for Class B and lower. 3) Tenant Payment Performance: you didn't mention this, but it is important!

18 December 2024 | 3 replies
., interest rate, payment structure, balloon payment timeline, etc.)