Laurens Van swol
DSCR Loan for Florida investment
27 January 2025 | 15 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).
Britt Griscom
Cost Segregation
21 January 2025 | 3 replies
Of course, every owner's situation is unique and factors like the legal entity involved, purchase date, adequate passive income that can be offset with the cost segregation study, etc., will need to be considered.
Andrae S Wiggins
New Investor looking to purchase their first property
28 January 2025 | 6 replies
Be sure to factor in repair costs to keep things profitable.
AJ Wong
🌲 The best places to invest in luxury estates and ranches on the Oregon Coast
23 January 2025 | 2 replies
Recently, a lot of the market factors that kept people away, are the same that are drawing attention.
Otis Clayton
How do closing agents fund private money deals?
15 January 2025 | 15 replies
But that is calculated after expenses and depreciation is factored in.Â
Brittany Daubner
Florida Property Manager
29 January 2025 | 14 replies
I'm sure there's other stuff you'll want to factor in - what businesses are moving to and from each areas.Â
Fetch Phoenix
Bought in a Fire Prone Area, should we sell and consider renting?
29 January 2025 | 3 replies
Insurance is now a big factor in the expenses of investment properties, even here in Reno, NV there are areas that have had large increases for single and multifamily properties.
Timur Salikov
Can anyone run some comps on my 4 unit?
17 January 2025 | 4 replies
A lot of factors go into this.Â
Pavan Kumar
House not rented for 100+ days
16 January 2025 | 12 replies
That depends on a lot of personal factors such as your finances.
Camille Romero
Real Estate Advice Needed
22 January 2025 | 31 replies
Not only for the census ending in 2020 but also the projected population from 2020 to 2025.I agree that population increase is important and should be factored in when analyzing a property.Â