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24 September 2024 | 27 replies
That is embarrassing.There are so many features on the website that it's hard to track them all.
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20 September 2024 | 9 replies
If you want to see which way DSCR rates are heading, track the 3-year, 5-year, and 10-year treasury yields.
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19 September 2024 | 15 replies
Wondering what everyone uses to keep track of financials/documentation and in general just stays organized with all of their investing.
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20 September 2024 | 0 replies
The asset manager who trusted us to get their BFR communities back on track and performing through hard work and determination. 6.
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19 September 2024 | 6 replies
Common question - "DSCR Loans" are going to have DSCR be calculated as Rent/PITIA (no prop mgmt fees, vacancy/credit loss or any other expenses counted).
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22 September 2024 | 7 replies
After three weekends' of showing to about 15-20 groups of people, I decided to rent to a couple relocating back to California (credit it 580, lower than my required 650, but with parents as co-signer, parents have good jobs and own a house, and local in town).
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23 September 2024 | 21 replies
Some people dont even intend to get that many however if you are trying to maximize 10 from each partner/person then you'd try to qualify and hold title separate for your own 10 prperties (10 + 10 = 20 total properties).You can also look at credit aspects as well but typically lenders will use the lowest of the 2 middle scores (3 scores per person but will use the middle score).So the most important aspects are the income to qualify for the loans in the case of full documentation loans.
16 September 2024 | 8 replies
Hello all, I have a prospective tenant for a rent by room strategy, we're in initial stages (he hasn't officially filled out the application to verify his credit score) and he is letting me know he filed bankruptcy in 2020, but his credit score should be above 620.
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21 September 2024 | 16 replies
You also must know your numbers and have a real deal.Other reasons may be that the deals presented do not make sense to the lender or you don't have a track record.
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23 September 2024 | 19 replies
If you operate an STR, gross income is your total rent paid by your guests, before any subtractions.To figure out your taxes, you take this gross income and subtract from it all allowable business expenses: marketing, education, technology, licenses and fees (including Airbnb and credit card fees), office expenses, business driving and so on.