
15 November 2024 | 3 replies
@Cody Whitehead hey man. so it depends on your climate.

15 November 2024 | 8 replies
Depending on where you are, you might have a different target renter than I do.I have a couple properties we are looking to develop on, I'll send you a PM

11 November 2024 | 4 replies
@Nida Chaudhry,Given the demand you've seen, a 30x60’ garage with varied storage options could be appealing.

16 November 2024 | 8 replies
Hey @Zack Rosenbaum,That's high but it also depends on what style of building it is, square footage, whether all units have two means of egress, etc.

16 November 2024 | 4 replies
What you can borrow depends on the strength of the deal and your qualifications as a buyer.

15 November 2024 | 5 replies
Also, depending on your STR’s location and your budget, there are companies specializing in remote staging and setup, like STR Launch.

16 November 2024 | 3 replies
Lots of variables involved and depends on your personal situation of course.

14 November 2024 | 22 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).

14 November 2024 | 7 replies
As for MTR in the winter, depends on the market.

15 November 2024 | 3 replies
You will have to depend on them for this knowledge.