Dario De Pasquale
How to Expand your Real Estate Portfolio without Running Out of Financing
2 July 2024 | 7 replies
Good stuff - you are pretty spot on - technically people max out under conventional loans at 10 - but oftentimes its with fewer properties as people run into hurdles before hitting 10, some of which you mention - wanting to diversify strategies, multifamilies, needing LLCs etc.I think you are on the right track for DSCR Loans - I always say that DSCR is really perfect for people in the 5-50 property range - typically conventional is the best fit with your first few, and then when ready to make the "jump" to scaling bigger and faster - DSCR is the best bet.
Sean Pedeflous
Slow to find tenants or over reacting?
1 July 2024 | 10 replies
I have had luck in the past with my realtor pulling the listing for a week or two, freshing up the listing and relisting at the same rate and getting it rented quickly. 2.5 weeks doesn't seem un-reasonable to me.
Tiffany Da Silva
I used a tiny house to house-hack but not I can't use the income on the rental house
1 July 2024 | 9 replies
That ol' chestnut of "boarder income" can be an annoying hurdle to deal with conventional finaincing.
Christian Roberts
How to remove seller's mortgage from DTI on a subject to deal
1 July 2024 | 22 replies
The only way around this hurdle that I am aware of is having the loan serviced.
Val J.
Roof Replacement Cost
30 June 2024 | 11 replies
Depends on the size of the house but that doesn't sound unreasonable.
Fred Haas
I'm finding some investors for some builders, what is a fair price to charge.
29 June 2024 | 1 reply
Am I asking an unreasonable amount or am I selling myself short here?
Tim Hill
Partially signed lease - is it valid?
29 June 2024 | 5 replies
This would only be the 2nd tenant I've had at my first rental property, which was my family's previous home, and I really, so I really don't want to put myself at risk of having to go through legal hurdles if there's issues with her, so I'm strongly considering looking for a new tenant.
AJ Wong
Three alternative creative financing solutions to get a lower mortgage rate
29 June 2024 | 3 replies
The primary hurdle for investors is that most homes have appreciated significantly during the past 3- years and the difference in the current mortgage balance and purchase price is required as a cash down payment.
Kayla D.
Chicago Shared Housing Application Denial
30 June 2024 | 14 replies
I have an airbnb and the numbers are WAY up this summer, also manage another clients airbnb and both running almost fully booked up this year maybe the registration hurdles have lowered supply.
Jason D.
Unneeded Repair Letter Request Letter from Tenant
28 June 2024 | 13 replies
They are very unreasonable.