
26 September 2024 | 4 replies
All-in-all the amount of the loan shouldn't be substantial enough to the point where I wouldn't be able to cover it out of pocket anyways if need be, just want to make sure that I'm not missing anything.Does it sound like I have the situation figured out or is there something I might be missing?

24 September 2024 | 3 replies
The building is in great condition with a new roof and is professionally managed.
22 September 2024 | 13 replies
I feel like I should transfer some personal funds to make sure this property is well covered before I purchase my next rental property.

27 September 2024 | 47 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 | 4 replies
I decided to go with a fixed rate HEloan over a HELOC because at the time, interest rates were rising and I knew that the rents can more than cover the fixed payments.

25 September 2024 | 5 replies
How much would it cost to build a 6 shipping container with only doing, insulation, wiring, plumbing, roof.

24 September 2024 | 8 replies
How old is the roof?

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.