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20 February 2025 | 8 replies
If you need any additional help I will tag @Crawford Peay who is an experienced property manager perhaps he can help.
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20 February 2025 | 6 replies
the majority of even my national users are looking to keep cash in reserve and as such are looking to landlords to finance that TIA as additional rent at a return premium and then that extra rent bakes off in whatever term is negotiated.
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20 February 2025 | 7 replies
Highest number of units without getting into commercial buidling codes at 4 units you have additional engineering requirements.
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20 February 2025 | 4 replies
For comparison, I just completed two new build duplexes in a flood sone in central Houston using a builder for these and my Hard + Soft costs were $149/ft. the only additional cost to factor in was the land.
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19 February 2025 | 1 reply
Additionally, I’ll have the ability to pull equity out in the future to keep expanding my portfolio.Given my growing real estate holdings, should I even worry about my Roth 401(k)?
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13 February 2025 | 5 replies
There will also be closing costs to refinancing into DSCR.Lenders need 6 months to refinance a loan, anything sooner, you're probably paying a good amount of points / DSCR has to be rock solid.There also may be additional costs in maintaining your property.
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18 February 2025 | 8 replies
So your additional ~240 SF could be the foyer, hallway and bathroom spaces that are allocated by percentage to the unit.
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4 February 2025 | 31 replies
It would benefit a lot if you are able to obtain US credit, US LLC and US Bank Account.
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29 January 2025 | 24 replies
Most of our newer investors approach 2-3 lenders to discuss loan options.Some lenders recommend making your financing inquiries within a 45-day time period to avoid larger drops in your credit scores.All the best!
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18 February 2025 | 5 replies
This money will be used to pay down some debt I have and also purchase 1-2 additional rental properties.