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9 December 2024 | 24 replies
They are underwritten primarily based off of the property not the borrowe so your W2 nor DTI is relevant.
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3 December 2024 | 7 replies
If you plan on purchasing your new property with a loan based on DTI, then it may be harder to qualify if you are leveraging yourself some more.
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5 December 2024 | 7 replies
Thank you everyone for your feedback.I have decided NOT to accept the offer from SINGH based on the responses I received on Biggerpockets along with some other insight...Logic prevails.Thank you againDoug
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26 November 2024 | 12 replies
Static sign behind your house or lighted until 10pm might be ok, but you might not want one of the newer LED signs that changes ads and colors 24hrs a day.4.I think I would want a monthly lease, not perpetual.
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2 December 2024 | 11 replies
If I did my math correctly, on a 3,600 SF triplex where you buy the land for $150k, you generate a gross profit of about $84k (based on a $140/sf build cost and sale price of $205/sf), before you pay interest on any borrowed funds or closing/commission costs.
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4 December 2024 | 3 replies
Hopefully, it was based on their ability to successfully execute a transaction, and not just because they were cheaper than everyone else.
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2 December 2024 | 0 replies
People responded by explaining that residential mortgage lenders are looking for US-based customers, who have their residence, income and assets in the States.How do they view foreign debt?
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6 December 2024 | 12 replies
Quote from @Brent Thomas:@Adam Reilly I would assume you are civil engineer based on this last response.
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5 December 2024 | 554 replies
"Crypto based USD" is still fiat garbage.
3 December 2024 | 0 replies
Analysis of properties with positive cash-flow based on market analysis of rents.