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6 January 2025 | 13 replies
You can't "force" your way in, but there's no law stopping you from knocking on their door to ask if you can check the furnace/ac unit out.4) Don't escalate as they have possession of your property and to can bad things to it!
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6 January 2025 | 5 replies
Confirm with the solar company if the loan is transferable and review terms carefully—it’s a potential hurdle with lenders or resale.A DSCR (Debt Service Coverage Ratio) loan might be an option since you’re focused on rental income.
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4 January 2025 | 16 replies
Helps with your debt to income, better opportunities at cash flow, and typically requires less down to purchase.In regards to challenges, I usually build in an extra 10-15% to deal with things that I can't see behind the walls, including dry rot, electrical or plumbing issues, etc.
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20 January 2025 | 62 replies
This can slightly affect the LTV or interest rate because your loan is based on the income of property therefore we need to make sure that your property is debt servicing at our minimum required ratios.We are introducing new products in September.
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1 January 2025 | 3 replies
Best thing to do is avoid the higher DTI debt to income, claim one as investment and use the rents to offset the new purchase.
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19 January 2025 | 147 replies
Securities and Exchange Commission in January, the company’s real estate business lost $1.12 million, although the firm had relatively little debt compared with the stated value of its assets.The company also disclosed that it may use new investors’ money to pay dividends to existing ones.
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15 January 2025 | 12 replies
If you're refinancing six properties, bundling them into a portfolio loan might help you consolidate debt, reduce rates, and avoid individual property issues like this.Negotiate Closing Costs or LTV with Kiavi.
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7 January 2025 | 16 replies
You will quickly find out about debt to income requirements on purchases.. where you will be "Ok , I want to buy another / bigger one" and your lender will be like - "You have too much debt - we aren't going to loan you anything else right now."
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3 January 2025 | 19 replies
One solution could be a Debt Service Coverage Ratio (DSCR) loan.