
23 May 2024 | 12 replies
Maybe I should clarify I’m targeting these individuals as owners of multiple homes.

23 May 2024 | 36 replies
Subconscious worship (admiration) for the individual and its message.

22 May 2024 | 5 replies
This criteria is for 1-4 and 5-8 unit programs.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.

21 May 2024 | 6 replies
Dumb question, but is coliving (renting out rooms individually) and MTR the same thing?

22 May 2024 | 13 replies
The best choice depends on individual circumstances, including budget, credit score, and long-term plans.Good luck!

22 May 2024 | 0 replies
. - 6% cap rate reflects a nice safe part of Los Angeles, California, a prudent investment, not one that will make anyone rich overnight, but a place that higher net worth individuals park wealth to preserve it (imagine the depreciation write-off). 6% cap rate also tells us, right off the bat, that we're going to be in the ballpark of 60% LTV.- We will stipulate that this is hypothetical.

19 May 2024 | 0 replies
Rescinded

22 May 2024 | 48 replies
I should mention, Travis had great referrals for lenders, insurance agents, etc. that are hard to come by for first time out of state investors.Nader is the owner of Upside and is one patient individual!

21 May 2024 | 10 replies
They can renew as a couple, or one of them can leave and the other renews as an individual.

21 May 2024 | 4 replies
To search properties individually, you can check out nyc.govHope this helps!