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13 January 2025 | 5 replies
This means no DTI, personal income verification, or tax returns are required.They’re also becoming a powerful tool for BRRRR investors during the refinance stage.
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24 January 2025 | 3 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
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27 January 2025 | 5 replies
So your profit should be tax deferred anyway.It should be the same thing for your exit - no need to do a 1031.
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4 February 2025 | 6 replies
If you have four 2-bed/1-bath units with the same appliances, split it four ways and call it a day.
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6 February 2025 | 17 replies
And a quick search U find they have no license so you know they are fakes without going any further..
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16 January 2025 | 31 replies
I don't personally care about checks anymore so that wasn't an important feature for me.
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6 February 2025 | 2 replies
On Dec. 23, my loan officer called me and said the DSCR ratio was below 1%.
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7 February 2025 | 13 replies
We have a 3% rate so dont want to refi but the property has appreciated quite a bit so would like to tap into that equity to fund our next deal.I am having some trouble finding lenders that offer helocs on investment properties.Does anyone know of any banks and/or lenders that do helocs on investments?
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16 January 2025 | 13 replies
I furnish and provide amenities that warrants this so I do a lot of work to find comps in this particular space.
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28 January 2025 | 2 replies
I would stay away from section 8, pull credit and background, and call referrals, and look at pay stubs for everyone who applies.