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Results (10,000+)
Rick Albert Buying without counting towards DTI
23 July 2024 | 13 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 = 1.23DSCR lenders generally let you vest either individually or as an LLC.
Sonia Shrestha DSCR Loans for a foreign investor
22 July 2024 | 9 replies
If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.
Damon Stefankiewicz Pennsylvania Legal Ads: Upset Sales/Sheriff Sales/Leads
21 July 2024 | 1 reply
Includes all legal ads from every county in PA, but if you go to their individual websites, they are locked behind paywalls.
Karolina Powell Questions to ask when touring a multi family
21 July 2024 | 12 replies
In your case it may be individual HVAC units.
Richie Thomas Hazel Green- too far for commuters?
23 July 2024 | 27 replies
Something to keep in mind is that the overwhelming majority of the individuals that work out there are skilled tradesmen who could go to a different jobsite at any time for various reasons.
Rehaan Khan Thoughts on finding great attorneys for creative deals?
21 July 2024 | 4 replies
Because if you're looking for someone to take the lead on putting creative strategies together - that might be a much harder find.If I were looking for a person like this, I would grab my iphone and call the individual who had worked on a similar deal that I wanted to do. 
Julie Muse Sierra Drive Success: Profitable Flip in Coulterville with Seth Choate!
19 July 2024 | 0 replies
Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable transaction in collaboration with our partner, Seth Choate.
Julie Muse Millgate Drive Flip: Big Gains in Spring, TX with Otis 'Lee' Sams!
19 July 2024 | 1 reply
Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable transaction in collaboration with our partner, Otis "Lee" Sams.
Lisa Rechsteiner Calculating Percentages for expenses
20 July 2024 | 3 replies
You should really look at each individual property to make sure you're putting aside enough.
Mike Wood DSCR and Commercial Loan Question - 2+ unit Investment Properties
22 July 2024 | 17 replies
If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.