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17 September 2024 | 2 replies
That severely limited the number of lenders I could go to, so I ended up finding a loan product (that costs a premium, albeit) thru Velocity Capital Mortgage that allows fully-amortizing or IO payments (for first 10 years) which will help me build cash flow and accrue title seasoning while I find the right time to pull the trigger on a fully-amortizing DSCR product Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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18 September 2024 | 15 replies
If you can qualify using your income I would avoid DSCR but again its not the end all they have value.DSCR single family requires 15% down, 2-4 Units require 20% down, they offer 5/6 ARMS, 30 & 40 Year fixed and I/O Interest only options which can help cash flow first few years.
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16 September 2024 | 15 replies
Straight am doesn't add that much more for you while IO adds a level of complexity and seller convincing that's unnecessary.
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16 September 2024 | 11 replies
. :) We are very competitive our products. 780 score ,25% down DSCR rates 6.875%, 30/30 Interest Only, $5027 IO, if 5 year prepay, No points.
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20 September 2024 | 14 replies
Ask the neighbour using that app in neighbourhood dot com to find out if one has a solution or cheaper alternative to fix.
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18 September 2024 | 20 replies
I wish VRBO would invest in the user experience of the app to make it more attractive for guests to use it and book with them.
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18 September 2024 | 13 replies
Where are the competitors offering different UI experiences, third-party API integrations, mobile apps, and other innovations?
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15 September 2024 | 5 replies
I use the ATTO app.
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12 September 2024 | 1 reply
With the economy and market as they are, should I continue aggressively paying down the HELOC to potentially borrow against again or should I just pay the Interest Only (IO) payments and seek other funding at the current day higher interest rates?
9 September 2024 | 18 replies
Hey everyoneWhat is everyone’s feeling on using a property management app like Rentredi?