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22 February 2025 | 8 replies
There are multiple potential strategies it's just really going to depend on your personal situation.
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14 February 2025 | 19 replies
It really all depends on the lender!
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21 January 2025 | 2 replies
DSCR loans go up to 80% of the purchase price and depending on the Debt Service Coverage Ratio and your credit score you can expect rates on a 30 yr loan ranging from High 6%- Mid 8%.
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20 January 2025 | 23 replies
DSCR loans can be helpful for the rentals you have depending on the details.
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15 February 2025 | 15 replies
On larger deals, I've actually seen LTVs come down in the 50%-65% range, depending on the type of property/experience of the developer.
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18 February 2025 | 8 replies
Depending on how close I was to having 20% equity in the property and being able to avoid PMI, I’d consider using some of my cash to pay down the mortgage when I refinanced.
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23 February 2025 | 4 replies
Depending on a property by property basis you can determine if your wife has REPS or not, this determination will place the income in one or the other bucket.
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13 February 2025 | 4 replies
It depends on a few factors: First, the fires.
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20 February 2025 | 5 replies
I always run the numbers as a LTR to be safe. 500k is steep for a duplex but it all depends on what each side will rent for.
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24 January 2025 | 5 replies
Getting this cleaned up now would push my credit score over 800+ and eliminate nearly $3k per month in revolving debt payments and bring me quite a bit of peace.