
25 November 2024 | 4 replies
My offer did include an inspection contingency which I would not be willing to remove, but they didnt seem to have an issue with that specifically.

26 November 2024 | 86 replies
.- If the syndicator actually sues this member, we will make the litigation a headline issue in every major BiggerPockets content channel, including YouTube, Blog, Podcast, and these forums.

23 November 2024 | 40 replies
A lot of OR users on here, including me, and we dont have this problem

28 November 2024 | 26 replies
There are drops in other areas including big cities and rural areas and areas that are losing population.

25 November 2024 | 11 replies
Zillow includes links to virtual tours for your ad.

27 November 2024 | 16 replies
Any LTR operator knows that a lease offers some legal protections to the lessor, and this includes financial obligations on the lessee.

24 November 2024 | 19 replies
If you decide to self manage and want help with other functions we can totally help out.We also buy and sell real estate (candor realty), have a repair and maintenance company (CMR Construction) (includes snow plowing, lead abatement and full fledged rehabs) If you need any of those support services please let us know.

28 November 2024 | 184 replies
“If I don’t remember appearing on the TV show, then I don’t recall anything that was said, sir,” she replied to a question from attorney Clayton Matheson, who represents some investors.He later wanted to know where more than $2.3 million that Van Gundy borrowed on various real estate holdings — including her home — had gone.

23 November 2024 | 1 reply
Initially they balked, but eventually they relented* We kept our inspection contingency to void (not negotiate), and included a financing contingencyHow did you finance this deal?

25 November 2024 | 11 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).