Duke Butterfield
, 4 year-old Primary Residence to Rental Property
27 January 2025 | 14 replies
That $800 a month in cash flow isn't bad, and having great tenants makes things so much easier.
Arshiya Taami
is 95% LTV for a DSCR Loan that is 2.2 possible?
14 January 2025 | 15 replies
In reality, it’s pretty rare to find a DSCR loan going up to 95% LTV.
Kenneth Joseph Perfido
Should I Pay Off My VA Loan Quickly or Keep Leveraging Debt?
23 January 2025 | 5 replies
The mortgage payment is $1,000 on each house, so you earn $500 per house or $2,000 monthly.
Robert Stephenson
Older Investor needing help getting a Second property
21 January 2025 | 13 replies
Right now the rental has a cash flow of $250 per month.
Devin La Croix
When can I buy again?
21 January 2025 | 4 replies
The tenant fails to pay their last month's rent and leaves the place needing new flooring and paint.
Joshua Nichols
Funding Flipping for the First Time
30 January 2025 | 5 replies
They will usually want to see you have the capital for closing costs and some "reserves", meaning they want you to have a few months left over to cover any surprises.
Noyessie Hubert
Tenant not paid rent, step for eviction
31 January 2025 | 5 replies
Please - do this today: Send her a Notice To Quit for Non-Payment of Rent; you will need to send this to her via USPS with proof of delivery required so you can use it in any legal proceeding.
Chris Allen
Selling Home on Sub-To
9 January 2025 | 9 replies
The terms remain the same, we still pay the monthly mortgage payment.
Gene D Stephens
Looking for Advice on Investment/DSCR loans
29 January 2025 | 11 replies
These are typically interest only and require a payment of 1-4 points up front depending on your area and the PML.
Emira K.
How to calculate recast?
7 January 2025 | 2 replies
There are mortgage recast calculators online or you can reach out to your lender.P+I payment will go from 2155 to ~1800 given the numbers you provided.