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18 February 2025 | 13 replies
If you're strictly buying turnkey properties and financing with DSCR loans, keep in mind that you'll typically need to put down 20% or more, and because of the higher LTV, you’ll often get the highest interest rate available for your credit bracket.
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14 February 2025 | 5 replies
We bought the property at below market rate because the seller was motivated and needed to close quickly.
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15 February 2025 | 6 replies
Because the interest rates were so low, I was able to keep the same mortgage payment cost we had before but for both houses with a shorter term!
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20 February 2025 | 11 replies
FEMA implemented Risk Rating 2.0 in 2021.
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27 February 2025 | 10 replies
If you offer first, I would factor worst case on rehab and offer based on that.
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26 February 2025 | 10 replies
Cash is always going to be king, but the delta is definitely more pronounced in higher interest rate environments.
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23 February 2025 | 10 replies
They aim for 0% interest on all cards, for the first 9-12 months.
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21 February 2025 | 10 replies
First off, the cash-out refinance requirements have gotten tighter w/ the "seasoning" period.
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22 February 2025 | 30 replies
I live here and househack as well - can provide a first hand perspective.