
11 October 2024 | 2 replies
. $950 income for the entire month seems quite low and probably justifies your concern.

11 October 2024 | 4 replies
I'm seeing DSCR rates start in the low to mid 6's!

11 October 2024 | 6 replies
Richard Low, the short answer is Yes.

10 October 2024 | 28 replies
Just my 2 cents on condos, as a PM and broker in FL:1 - Most do not work, whether restrictions on lease duration, or due to the numbers because HOA fees cause low ROI.2 - Check rules in your state to make sure you are grandfathered in case HOA changes the rules.3 - Most SFR do better than MF not just because of HOA but also because there are low barrier to entry for 1,2, even 3 bedroom units.

10 October 2024 | 2 replies
With such a low interest rate, you’re looking at a prime opportunity to generate positive cash flow once rented, even if the market dips slightly.

10 October 2024 | 5 replies
Many books from previous years were in a low interest rate and low price point market.

11 October 2024 | 8 replies
MINDSET: if you're not embarrassed to present the offer, then it's not low enough:)

6 October 2024 | 8 replies
A mentor of mine with 400 units had said I can use a large seller credit to cover most of the down payment on a property I'm looking at. The DSCR lenders and Commercial bankers I've spoken with don't know what I'm tal...

11 October 2024 | 11 replies
Liquidity is needed to close the loan and having lots of additional liquidity may help you to get an exception, but it will not make up for experience or a low FICO entirely.

11 October 2024 | 8 replies
With the run up of multi family prices, relatively high rates and the 3.5% low down payment this is virtually impossible (outside of some markets in the upper midwest) to make happen.