Lau Cor
Putting the investment in an LLC
21 January 2025 | 4 replies
Fannie mae allows you to transfer your loan into an LLC, but it is recommended that you speak to your loan servicer and ask that if they themselves will allow you to do so.
Robert A. Coloma
Anyone dealt with a company LOANGUYS?
20 January 2025 | 62 replies
And you Matt your a liar... your reviews are fake as the service you tell people they are going to get.
Esther Iroko
Tenants not paying rent
1 February 2025 | 23 replies
The other option is to file with the RTDRS (Residential Tenancy Dispute Resolution Service).
Sophanara Khoeun
New to Investing: Repairman? & Hire or Not to Hire a Property Management Company
31 January 2025 | 10 replies
It's important to keep in mind that everyone you hire is providing you a service - no one is guaranteeing you any outcome.
Camilo Diaz
Has anyone dealt with Suncrest Capital Group?
20 January 2025 | 9 replies
That they don't service their loans well, lag on draws, say they can close fast but don't etc etc.
Denise Evans
Tenant Estoppel Letters
27 January 2025 | 1 reply
The letter also states the total non-rent items currently owed by the tenant, such as accumulated late fees or repair charges.Also very important, the tenant states they have no unresolved issues with their current landlord, except as listed in a space provided, and they have no current plans to cancel their lease under the Service Members Civil Relief Act or for any other reason.
Melissa Odom
Needing Advice on Commercial Project
29 January 2025 | 6 replies
could it service the debt on $1m?
Kelly Pintos
How would you invest 200k as a first-time property investor?
21 January 2025 | 2 replies
DSCR loans go up to 80% of the purchase price and depending on the Debt Service Coverage Ratio and your credit score you can expect rates on a 30 yr loan ranging from High 6%- Mid 8%.
John Friendas
Maximum # of DSCR Loans Lenders Will Give?
22 January 2025 | 12 replies
The number of DSCR (Debt Service Coverage Ratio) loans a lender will offer can vary depending on the lender, your financial situation, and the property cash flow.
Alex Silang
From a finance perspective, how does investing in a high rate environment work?
28 January 2025 | 4 replies
Year 0: ($2,000 - $1,700) x (1 + 2%)^0 / (1 + 5%)^0 ≈ $300 in today’s buying power.Year 5: ($2,000 - $1,700) x (1 + 2%)^5 / (1 + 5%)^5 ≈ $260 in today’s buying power.Year 10: ($2,000 - $1,700) x (1 + 2%)^10 / (1 + 5%)^10 ≈ $225 in today’s buying power.Year 15: ($2,000 - $1,700) x (1 + 2%)^15 / (1 + 5%)^15 ≈ $194 in today’s buying power.So, if you purchase property in a city where rent increases at a slower pace than inflation, the amount of goods and services you can buy will decrease over time due to inflation.Here is what I recommend:Purchase in a city that possesses the following characteristics.Significant and sustained population growth.Rapid and sustained appreciationBalance negative cash flow, interest rate buydown, and increased down payment to create an acceptable cash flow situation today.Refinance when rates fall to increase cash flow.