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Results (3,775+)
Luke Carl DTI is 2% to High at 47%
9 March 2017 | 7 replies
You can either increase income by finding income that was under reported or inaccurately reported on the loan or you can find a coborrower to blend the income and lower your debt to income (DTI).You can pay down debt that has the highest payment relative to the balance so you can thin out the DTI.You can slap a MCC on that loan which is a mortgage credit certificate (if you're a first time buyer) and this is an owner occupied loan.
Anthony Hollis I'm SERIOUS about getting started in REI
20 May 2019 | 17 replies
I think it's a fabulous idea but me and my fiance are a blended family of six kids (the real life Brady bunch 🤣) so it's hard to find enough space.
Ryan Swan Best hard flooring for rental property
4 June 2019 | 10 replies
Once raised, all new flooring will be seamless throughout the living areas and bedrooms.
Cody F. Tons of people asking to see an apartment, how to handle this?
15 August 2019 | 18 replies
I might note that in addition to suggesting a possible slot of open house times, there are some software options out there which allow you to schedule showings immediately after you've listed the unit, and it allows you the ability to also auto-request applications (keeps everything easy and in one place - so listing, tenant screening applications, leases and other tools like rent collection and maintenance tracking just to keep the process seamless); would be happy to share more info. 
Janelle Groenhout How and Why we bought our first Rental Property- Long Version
25 April 2019 | 11 replies
We spent October- December 2016 getting our financing in order, finding a realtor and then a second when the first didn’t work out, finding a property manager and then a second when the first didn’t blend well with us and reviewing listings online.
Will Dean Pricing out properties
7 September 2019 | 2 replies
Based on the range of these GRMs, choose a number that seems most appropriate (some appraisers will simply average them all together - others will just choose a number) ... take the GRM value you've decided to use and multiply it by the monthly rent you expect for the duplex you are pricing out - this will give you your "income approach" value.Now, you look at the two values you've just generated and use your best judgement as to which is most accurate - or it might be a blend of both.To give you a real-world example of this, some clients of mine just closed on a duplex in Raleigh ... the appraisal came back with $468k for the sales comp approach - $594k for the income approach - and $480,200 for the replacement cost approach ... the appraiser selected $468k as the market value.Hope I made this clear enough for people to follow and understand...
Matthew Van Parys New to RE; Looking For Some Tips/Help on Property Analysis
19 July 2017 | 6 replies
You're blending personal and investing.
Kyle Curtin 🤔 Retrading on Commercial Properties! 🤔
18 December 2022 | 13 replies
If that seller knows, likes, & trusts you and you are able to provide the most seamless purchase as possible, in a perfect world, who will be the person who is top of mind when they are ready to 1031 or cash out and liquidate more buildings?
Account Closed $111,000 per unit in Chandler AZ?
27 November 2018 | 3 replies
They are usually looking at higher quality deals where cap rate is lower but with value add and rent growth they can blend higher in a short period of time.
Justin Ullum Looking for CPA referrals
14 January 2016 | 5 replies
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