Christyn Budzyna
Mid-Term/Short-Term Rentals in State College, PA
16 November 2023 | 11 replies
When applying for permits we had to show proof of the lease, copies of the tenants drivers license, tenant bills with address etc. as well as proof of parking spots with illustrations and google map images.
Michael Lopez
Snowballing Real Estate Strategy
12 August 2021 | 5 replies
This is just the gist of the illustration.
Paul L.
Another Fix & Flip Deal
21 September 2021 | 3 replies
The deal illustrated in this string, I found in the MLS.
Nick Virovec
Data Source Credibility
27 October 2023 | 9 replies
It could also be a property across town, as illustrated below.
Ahmad N.
Need help determining where to get my first rental property
10 November 2023 | 15 replies
Here's a illustrative version of the example I mentioned in my post above.
Account Closed
How to Optimize Your Listings to Get More Leads and Sales
26 March 2023 | 0 replies
So, take note of the photos posted by other agents and then take snapshots from different angles and height.Photo tips: avoid photoshoot on rainy or cloudy days; ideal time is during early morning when it is not so bright or in the late afternoon when the sunlight is not directly falling on the property but it's bright enough for taking great snapshots.Reason #6: You are stating that the photos of the property are for illustration purpose only.
Sean Maloney
Other and best ways to use built up equity In properties that are free and clear
20 November 2023 | 33 replies
This approach illustrates how leveraging equity can facilitate deals without the need for refinancing or additional payments.
Robert Arzola
Maybe A Dumb Question About When To Get Contractor Bids
20 November 2023 | 9 replies
These simplified scenarios aim to illustrate the potential benefits.
Damein White
I want to cash out refi within a LLC
20 November 2023 | 16 replies
If they will do a loan with less than 1, the pricing takes a hit.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 = 1.23This property cash flows.DSCR loans are a great way to increase your net worth without having to utilize your personal income or worry about DTI ratios.
Kenneth Garrett
Tenant Rules set by Landlord
1 June 2017 | 30 replies
Allow me to illustrate the importance of a comprehensive agreement.