Jacob Hrip
Best financing options for a first time investor?
9 January 2025 | 9 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).
Ilir Livadhi
New to the U.S., Experienced Renovator Looking to Start House Flipping
15 January 2025 | 10 replies
Since this program doesn't require reserves, your cash can go further.Let's connect.
Griffin Brenseke
Sell or hold an investment property (4.75% rate)
13 January 2025 | 7 replies
If this is your only property or your reserves are limited, holding onto a low-cash-flow property might not be the best move.
David Young
Questions From a first time Investor
29 January 2025 | 12 replies
Unfortunately, while there are other methods to acquire investment properties, the reality is you need cash and reserves to plan and set up your investment portfolio accordingly.
Yooni Choi
What's considered a 'good' cash flow in Pittsburgh?
7 January 2025 | 2 replies
Set aside reserves for unexpected repairs or vacancies.
Susan M.
Problems w/ Allegiancy DST's? Alorica DST in Texas. RE Gain Fund LLC REIT 721.
9 January 2025 | 11 replies
I talked with Chris Sadler at Reva and to stay in theDST will mean no payments at all because the money will go to reserves for a unknown future.And to sell DST will only bring about a little more than 50 cents on the dollar.
Joshua Houchins
Accounting Software?
9 January 2025 | 16 replies
I then would have my tax cpa enter in or do it after discussing tax based items (depreciation- MACRS, reserves, year end accruals, reserves, etc.).
Joshua Parsons
Really long distance investing (International)
19 January 2025 | 46 replies
As I suggested and you confirmed, the Côte d'Azur is a great place for capital gains but what I meant isn't necessarily where you're going to get high rental yields.What @Chris Magistrado mentioned represents a good depiction of the situation in Southern Italy.
Lucas Bernard
(Fun with) Nashville NOOSTR Zoning & LLC Transfers
28 December 2024 | 5 replies
I agree, you need to confirm this with the city.
Alex Minter
New to Real Estate Investing
23 January 2025 | 23 replies
Making big investment decisions can bring reservations- I would love to connect and review strategies!