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25 November 2024 | 11 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
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27 November 2024 | 7 replies
Take a look at the rents for both sides vs current mortgage payment (if any), new payment on the cash out or HELOC, taxes, insurance and HOA (if applicable).
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25 November 2024 | 7 replies
Your credit score needs to stay relatively the same from application to closing.
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25 November 2024 | 5 replies
If changing your LLC name isn’t feasible, consider using a DBA for credit applications.
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25 November 2024 | 8 replies
Often you have to then chase them for application docs.
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25 November 2024 | 36 replies
I do like the application but obviously the customer support is lacking.
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25 November 2024 | 12 replies
Do one task at a time in each app so you can compare apples to apples.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.
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26 November 2024 | 6 replies
This ensures fair application of the law.
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25 November 2024 | 7 replies
It is a townhome so the yard is very small and the backyard is all concrete so the landscaping point is not as applicable here.
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26 November 2024 | 16 replies
Akron is not LL friendly, they were the first in NE Ohio to pass a rental registration ordinance (in the 90s), in 2021 added source of income as a protected class - so you can no longer rule out S8 applicants, and passed STR registration last October (and nearly a year later still haven't been able to enact anything).