Donyea Jenkins
DSCR Loan Question
3 February 2025 | 15 replies
The underwriters will be looking at similar property condition requirements (c4 or higher) of a conventional loan (no deferred maintenance or safety hazards which would affect value).
David Lewis
First Timer - Long Distance Investment?
31 January 2025 | 7 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Lincoln Waite
Paying utilities on a Multi-Family and it's eating all of my cash flow. (Iowa)
4 February 2025 | 18 replies
Which no, I don't talk about, blog about or post about.
Cameron Marmon
Did I mess up when establishing this LLC for my wife and I?
4 February 2025 | 13 replies
No, channeling it through a partnership will not change your tax situation at all.
Kristin Mathern
Asking for advice on tenant locksmith situation
4 February 2025 | 14 replies
No additional statement was made that it would be at their expense.
Ajay Bodas
1031 Exchange Property from Revocable Trust to an LLC
31 January 2025 | 6 replies
Like @Ashish Acharya, said there is no holding period and if you're transferring into a disregarded LLC holding period isn't relevant.
Kaleb Garrett
Developing a solar farm?
2 February 2025 | 10 replies
And to Lynnette, no, "Renewable energy is very expensive to develop."
Jack Pasmore
Mid-Term Rentals: The Blue Ocean Most Investors Ignore?
4 February 2025 | 0 replies
No fluff.
Martin Reinke
Windom Hobby Farm
3 February 2025 | 0 replies
NO Financing How did you add value to the deal?
Sam H.
HELOC, HEL, or 2nd Mortgage to finance Second Home
3 February 2025 | 0 replies
I am thinking the Pros of the HELOC/HEL are a faster closing, perhaps a cash discount for the purchase, no PMI, lower rate/cheaper closing?