1 November 2024 | 11 replies
Whether you decide to rent your current home and move or buy an investment property to rent or flip, having the right financing strategy will be key to making sure your deals are profitable and sustainable.Here are a few loan options that might help based on your strategy:DSCR Loans (Debt Service Coverage Ratio) – If you're looking to buy a rental property, this could be a great option.
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28 October 2024 | 6 replies
Some loans like DSCR (Debt Service Coverage Ratio) loans are based on how the property operates as a rental (income, expenses, etc). 4.
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25 October 2024 | 1 reply
Here are some practical steps you can take:First, make sure you have a clear and comprehensive written agreement.
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28 October 2024 | 13 replies
Either mesh system will help with coverage because you can place each node throughout the house.
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27 October 2024 | 4 replies
You might want to see if there's one specifically for better coverage.
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31 October 2024 | 17 replies
It's been acouple months now and we're trying to figure out what to do as we are at thenear end of our insurance coverage.
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6 November 2024 | 54 replies
Climate rankings for all 48 states from Policygenius**:https://infogram.com/best-and-worst-states-for-climate-change-1hd12yx3orgyx6kCensus Bureau migration data*:https://www.census.gov/data/tables/time-series/demo/geographic-mobility/state-to-state-migration.htmlZillow press release on adding climate data: https://zillow.mediaroom.com/2024-09-26-Zillow-introduces-First-Streets-comprehensive-climate-risk-data-on-for-sale-listings-across-the-US
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25 October 2024 | 13 replies
Understanding Commercial LoansProperties with 5 or more units typically fall under commercial real estate loans, which have different requirements compared to residential loans.Requirements for a Commercial LoanCreditworthiness: Both your personal and business credit scores will be considered.Down Payment: Typically, 20-30% down payment is required.Debt Service Coverage Ratio (DSCR): Lenders will assess the property's income relative to the debt payments.
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24 October 2024 | 1 reply
As I run my STR mgmt business, I figured I'd simplify and share my company's comprehensive list of daily tasks that we believe deliver the best results:1.
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23 October 2024 | 1 reply
I had a tree (the neighbors tree) that fell on the roof of my rental and damaged it severely so now I have to change the whole roof.So during the hurricane I had an insurance called Citizens, but right after the hurricane they switched me to a different insurance (Slide)...Will you please help me with my questions:1) My coverage was for a policy that is not a rental but partially owner occupied (its a duplex), because I lived there but then moved out and did not switch the coverage to a rental.