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Results (10,000+)
Oli Cimet House Hacking in the Bay Area - Advice for a Newbie
6 March 2024 | 16 replies
Think about things like population trends, job growth, and the region's general economic health.Risks: Understand the risks associated with investing in an unfamiliar market.
Robert Snowden Seeking LGBTQ-friendly real estate financial/lending source
6 March 2024 | 9 replies
This bank wanted us out of business and no longer associated with them. 
Taylor Marks Total newb - but motivated!
7 March 2024 | 23 replies
Obviously, this can impact your overall cash flow. 6) it’s important to find an agent that knows the area well and understands how to work with an investor, as the process is very different than buying a primary residence. these are all things to consider, and there is going to be a learning curve associated with the process.
Eric Hipolito DSCR Loans / Lender Recommendations
6 March 2024 | 13 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 = 1.23DSCR lenders generally let you vest either individually or as an LLC.
Jalen Wilson College student eager to learn and Invest
5 March 2024 | 2 replies
@Jalen WilsonTake the time to thoroughly learn the numbers associated with REI and underwriting.
William Ryans Any suggestions for a Real Estate Investor Friendly CPA in Southern California
5 March 2024 | 5 replies
As a real estate agent your broker or your local real estate association would be ablr to give you a referral or two...
Anthony DelVecchio Am I ready to house hack?
5 March 2024 | 7 replies
Here are a few factors to consider:Assess your earnings, outlays, and savings at the moment.A reliable source of income is helpful, but it's not a prerequisite for house hacking in every situation.To handle unforeseen costs associated with homeownership, think about creating or keeping an emergency fund.
Daria B. Not new to RE but new RE agent
5 March 2024 | 5 replies
I want to get a present for someone who just passed his sales associate real estate exam.
Danielle Cage Illinois Lease Agreement Template
5 March 2024 | 9 replies
I believe the realtor board in that area is Fox Valley Association of Realtors. 
Amanda Gordon Looking for Mentor, Advice on Financing & Realtor in Highlands, NC or HHI Area
5 March 2024 | 3 replies
To find a mentor, you can for local Real Estate Investing Associations or meetups in your area.