
28 January 2025 | 8 replies
We would be glad to help you we know lorain county better than anyone

1 February 2025 | 11 replies
Let me know if I can help.

30 January 2025 | 5 replies
I know many landlords set a credit score threshold around 580-600 for Section 8 tenants since the program provides a rental guarantee.

3 February 2025 | 8 replies
I am a self-entrepreneur and know the importance of office space.

19 January 2025 | 269 replies
I will let you know how it goes.

29 January 2025 | 3 replies
This goes the same for calculating rents in the area, I what to know the real data.. i.e. from the MLS, or insurance from the broker/insurance agent to make the right decision.

28 January 2025 | 3 replies
I am helping other investors as a realtor now, so if you are ever interested in listing it or just want some comps, let me know.

25 January 2025 | 2 replies
I know many people who own real estate that are not citizens of the US.

11 February 2025 | 20 replies
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 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

27 January 2025 | 3 replies
We haven't yet decided what to do with the railing, but I know this isn't what I want!