For our local laws as well as other resources (like blank forms for use) check out RHAWA - it's the Rental Housing Association of Washington.

It's clear that the inspector and you have established a very good rapport.The inspector then tells you that you did not comply with the local repair rules and you need to redo all the repairs.When you ask why he didn't disclose the local repair rules earlier when you first spoke with him, he again brings up how good your family, spouse, kids, dog and friends are.You are required to redo all the repairs and associated expenses because the inspector did not disclose these issues up front.

With that said, on the Illinois side of the border you cannot forget to look at the property tax associated with a property, which includes looking at the exemptions.

Typical basic trouble shooting is to inspect all connections, look for loose connections and oxidization, any warm receptacle plates or light switches, smells of melting wire or plastic, signs of burning/arcing/overheating such as blackened areas around receptacle boxes or anywhere there’s a connection, or flickering lights not associated with the bulb not being screwed in tightly.

I did some extensive work within Sec 8 and the HUD Lease Option program, at the national level, attended in connection with NAHRO, the National Association of Housing and Redevelopment Officials.

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.

The rate and the points associated any given rate down are not a direct correlation.For starters, as others have mentioned: point = %. 1 point = 1% 2 points = 2% 3 points = 3% and so on.

Consider joining local real estate investment groups or associations to further immerse yourself in the real estate community.Gain Hands-on Experience: Your internship with private investors is an excellent opportunity to gain hands-on experience in real estate investing.

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.

Looking to connect with investors and associates in the north Alabama market.