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14 January 2025 | 15 replies
No - absolute max for DSCR is 85% LTV and that is extremely rare and typically not workable in this rate environment anyways.Standard/common max is 80% (acquisition and rate-term refinances) and 75% Cash-Out Refis
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12 January 2025 | 17 replies
Yes, the lender was Premium Mortgage.
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5 February 2025 | 5 replies
As a percentage closing cost as percentage goes down as value increases but we will 15X to account for closing costsNo cash flow per OP.2% market appreciation equated to 30% + 15% = 45% 3% market appreciation equates to 45% + 15% = 60%4% market appreciation equates to 60% + 15% = 75%Recognize in virtually all markets the cash flow increases with hold length especially if a fixed rate loan.
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9 February 2025 | 2 replies
Can anyone recommend an eviction attorney with reasonable rates?
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11 February 2025 | 12 replies
That said, I am near the beach, and have a higher nightly rate at my 5 bed/ 5 bath house.
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11 February 2025 | 3 replies
Some will offer a HELOC even if they originated your first mortgage. thank you for taking the time to respond, I will look with some credit unions That's a good call.
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16 January 2025 | 4 replies
Many likely have coverage for their mortgage balance or from many years ago.
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29 January 2025 | 68 replies
Do you think SCI can possibly pay a mortgage for ?
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10 February 2025 | 9 replies
Of course this all depends on YOU setting the base rate and all the knobs and triggers most appropriately.
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24 January 2025 | 36 replies
To check the proof in the pudding: look at Avantstay's host ratings on Airbnb or other platforms.