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17 January 2025 | 3 replies
I believe this is very common among funds and syndicators.
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18 January 2025 | 13 replies
The profile of seller who uses a wholesaler is commonly anti-broker.
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14 January 2025 | 15 replies
No - absolute max for DSCR is 85% LTV and that is extremely rare and typically not workable in this rate environment anyways.Standard/common max is 80% (acquisition and rate-term refinances) and 75% Cash-Out Refis
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9 January 2025 | 8 replies
I also advertise before someone moves out to get a new tenant before the current one leaves. 100% occupancy on a LTR is very common for me.No idea on a MTR.
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19 January 2025 | 18 replies
Yes first-time buyer DSCR is actually fairly common, especially here in Southern MI.
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19 January 2025 | 14 replies
@Nate McCarthyProfit Splits and Contributions:Dividing profits proportionally to investment (2:1:1) is common, but you could also account for sweat equity if one party is doing more work.
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15 January 2025 | 15 replies
@Alba Cheung if this attorney doesn't complete the eviction look at the dockets and see what attorneys commonly handle evictions in you area.
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29 January 2025 | 24 replies
Seller is understandably getting really upset, because what the bank is asking for could take weeks and we were already supposed to have closed.Any adviceAloha Leah, this is very common as the other lender stated above.
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3 February 2025 | 25 replies
DSCRs will have slightly higher rates and they also carry prepayment penalties, which kick in if you sell OR refinance the property within x number of years; 3-5 years is common.
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21 January 2025 | 10 replies
This is a common 'trick" we use in flipping.