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Results (10,000+)
Account Closed Middletown CT, fight a 40 percent tax increase 2023
16 September 2024 | 9 replies
It is easier to push a tax increase when the "apparent" value of a home has increased through the reassessment. 
Tim Melin Thoughts on DSCR Loans
15 September 2024 | 38 replies
Simple answer as to pros/cons:Pros: easier to get approved than conventional without your personal income/employment/taxes/assets/DTI being evaluated, i.e. lighter paperwork and more flexibility, usually faster too.
Nakul Patel Looking to buy investment property
13 September 2024 | 16 replies
Here's some guidance on buying your first investment property in Southern California or Columbus, Ohio:Down payment:For investment properties, lenders typically require 15-30% down payment on your first investment15% down is possible with excellent credit (700+ score)20-25% down is more common, especially for multi-unit propertiesSection 8 considerations:Pros:Guaranteed portion of rent from governmentPotential for longer-term tenantsMay be easier to fill vacancies in some areasCons:More paperwork and inspections requiredRent amounts set by local housing authorityPotential property damage concernsOther tips:Research local markets carefully - price trends, rental rates, etc.Factor in all costs - taxes, insurance, maintenance, vacanciesConsider starting with a single-family home or small multi-unitBuild a team - real estate agent, property manager, contractorsHave cash reserves beyond just the down paymentUnderstand landlord-tenant laws in your chosen locationI'd recommend talking to local real estate agents in both areas to get more specific market insights.
Jin Park Blue Ridge, GA - Seeking Recommendations for Insurance and Handyman Services
13 September 2024 | 6 replies
Your insights and input will be incredibly valuable as I strive to create a memorable and comfortable experience for all visitors to Blue Ridge.Please feel free to message me or leave your suggestions in the comments below.
Tim Phillips Advice on buying my first rental
14 September 2024 | 12 replies
There are some real advantages to investing close to home, especially for your first property:- You know the area better- It's easier to manage and check on the property yourself- You can respond quickly to issues- You'll have a better network of local contractors, realtors, etc.That said, if the numbers really make sense in Conway or Titusville/Melbourne, it's not impossible to invest out-of-state.
Aamna Kidwai Investment Loans (DSCR?)
16 September 2024 | 13 replies
My company does over 30 DSCR loan transactions a month, so I definitely have a lot of experience with that program.Mid term rentals can be tough, but they can be done.LTR (long term rent) is easier for DSCR, that would be a traditional 1 year lease tenant.I'm very familiar with the OH state market, if you have properties in mind you want to purchase, they most likely will qualify for LTR so you can do a DSCR with 20% down. 
Payvand Milani Hi everyone :)
13 September 2024 | 23 replies
Syndication research has never been easier
Harish Pasupuleti New Investor Seeking Guidance on Out-of-State Properties
19 September 2024 | 29 replies
Here are some reasons out-of-state investors love the Milwaukee market: - Affordability: Compared to larger metropolitan areas, Milwaukee offers relatively low property prices, making it easier for investors to enter the market.- Strong Rental Market: The city has a robust rental market due to a diverse population, including students, young professionals, and families.
Cameron Fowler Short Term Rentals in Indianapolis
13 September 2024 | 0 replies
Investors are seeing consistent bookings throughout the year, making it easier to predict cash flow and maximize returns.Lower Acquisition Costs: Despite the rising demand, Indianapolis still offers relatively low acquisition costs compared to other major cities.
Matthew Irish-Jones Cash is NOT King... in Real Estate Investing
21 September 2024 | 69 replies
I think it's also easier to say given the current market.