
22 September 2024 | 8 replies
Bridge Loan: Short-term financing to cover immediate cash needs.

26 September 2024 | 10 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

26 September 2024 | 3 replies
Lenders typically look for a minimum DSCR of 1.2 or higher, meaning your property's income should cover 120% of your debt obligations.

27 September 2024 | 48 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

27 September 2024 | 9 replies
I also have a close relationship with the cleaning company, so that part is covered.

30 September 2024 | 25 replies
These loans not only cover the property purchase but also 100% of the renovation costs, allowing you to focus on the project without worrying about securing additional funding.Here’s how our loans work:Loan coverage: We can finance up to 90% of the property purchase price and 100% of the rehab costs.Max ARV (After Repair Value): Depending on your experience level, we offer up to 75% of the ARV, ensuring that your project has strong financial backing.First-time investor friendly: If this is your first fix-and-flip, don’t worry.

25 September 2024 | 4 replies
Good morning all, I'm looking to invest in real estate using Section 8 programsRent covered seems to be great but most of the time, I see that people are not renting for 100% of the voucher is there any reason?

26 September 2024 | 7 replies
Sometimes the HOA can cover capital expenses like roof and exterior, so that can help cash flow as well, but the HOA might increase the dues when they have to pay for capital items.

26 September 2024 | 10 replies
They are covering cost of insurance, taxes, utilities and all medical expenses which are rapidly draining their available funds.

27 September 2024 | 10 replies
You might also consider holding back some of the sale proceeds in escrow until the seller has moved out as agreed.Make sure your insurance covers any work being done while the property is occupied, and check local tenant/landlord laws to avoid any issues.