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2 February 2025 | 2 replies
That is one concern, but the current tenants have been there for a long time.
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12 February 2025 | 14 replies
My other concern is that home prices on Long Island appreciate quickly.
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2 February 2025 | 1 reply
Not too concerned with rent/price ratio on single family homes since none of them are really going to cash flow a ton anyhow unless they are paid off.
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12 February 2025 | 17 replies
Your concerns are valid, and it's clear you value both guest experience and neighborhood harmony.Given that a minor increase in guests might not significantly boost your rates, maintaining the current plan seems wise.
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30 January 2025 | 4 replies
I'm concerned that this will not get resolved and I am just being strung along at this point.Are these type of issues common?
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29 January 2025 | 5 replies
THEN, I plan to purchase the second home using a FHA or conventional loan (3%-5% down), for which I will likely pay the monthly cost out-of-pocket, maybe with some rental income support if it is a duplex.My concern is, I do not want to spend my savings or weigh down my debt-to-income ratio so much so that I cannot qualify for and pay the down payment and closing for the lending on the second home.Questions: - With the first home being multi-family, 75% of the rental income (or potential rental income initially) will relatively either maintain or boost my debt-to-income ratio from lenders' perspectives, right?
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4 February 2025 | 2 replies
The concern with the DSCR loan is that I need to make the property present as though it's rented to individuals during appraisal (tough since it's a working rehab facility now) and must create another lease that shows the tenant as personal and not a company.
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27 January 2025 | 6 replies
If you tell the constable that you are concerned about damage, they may talk to him about leaving responsibly.If you are concerned about violence, have a means of defending yourself and let him know it.
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9 February 2025 | 36 replies
Quote from @Paul Azad: Hi Brian, are you concerned about the new deportation policies by the new administration?
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28 January 2025 | 2 replies
Should I be concerned the bank may have issues with this?