Jerry Chilimidos
SDIRA lending and borrowing.
24 January 2025 | 16 replies
So if you move your IRA assets to 401k, including both rentals - you can finance them in the 401k and be exempt from UBIT.
Jose Mejia
refinancing a property from hard money lender
1 February 2025 | 16 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).
Ryan Daulton
Rental arbitrage is scam or not
26 January 2025 | 4 replies
It would cost me only $2300 per month which includes rent utilities furnishing and property management. she showed me one example only of a customer who profited greatly.
Jason Edwards
First Flip Insights: 1272 Lakins Rd, Etna
20 January 2025 | 1 reply
To add value to the property, we undertook extensive renovations including the removal of over 40 yards of trash, installation of a new septic system and wall-hung boiler, and a new well pump.
Olga Daisel
Advice on investment type
23 January 2025 | 5 replies
As for holding a home and building another one - be sure to include carrying costs of the first home while building the second.
Vincent Weselak
Is Homeowners Insurance Cover Somewhere in the BRRRR Calculating Tool?
21 January 2025 | 3 replies
I am using the BRRRR Calculator and was wondering if Homeowners Insurance estimate was included somewhere or if I had to manually enter it somewhere?
Christian Conti
Anyone have any Farmfolio Experience?
3 February 2025 | 5 replies
Invested 3 years ago like others about $40,000 total which included covering operational cost for the first or so.
ZZ Song
Any experience with Prime Corporate Services?
20 January 2025 | 31 replies
I'm looking to get their "package" which includes a Holding company, LLC Subsidiary, Corporate Financial Program and an Estate Plan.
Paul Lucenti
Maximizing monthly cash flow per unit
28 January 2025 | 27 replies
Quote from @Stetson Oates: As a suggestion, when you refer to net cashflow, I would include maintenance, vacancy, and repairs.
Mel Rosario
Help with Apt insurance in California
17 January 2025 | 3 replies
Please advise.ThanksMel I'd recommend a local Independent Agency that has access to multiple markets including surplus lines