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30 January 2025 | 62 replies
The country has massive debts and deficits.
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6 January 2025 | 3 replies
Eliminate debt, establish a budget, and save.
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23 January 2025 | 8 replies
Any existing debt?
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25 January 2025 | 6 replies
Avoid leading with a low offer or mentioning how long it’s been listed.
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19 January 2025 | 10 replies
Most lenders require proof of someone else paying the note for around 9-12 months so that the debt isn't counted in their DTI calculation.
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16 January 2025 | 2 replies
I calculate the returns on the entire investment, since your debt applies to the entire investment.
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14 January 2025 | 1 reply
We have tried multiple local collection agencies, and we have not received a penny for over a hundred thousand dollars of bad debt submitted to them.We keep hearing, "It takes time" but it's been well over a year with the most recent one.
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23 January 2025 | 10 replies
Just keep in mind that contractors may hesitate to attend multiple pre-inspections, especially if they lead to no work.
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3 February 2025 | 11 replies
Also factor in if the rents jumped a lot and if that would lead to a vacancy, which will cost you more in the short term.
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31 January 2025 | 22 replies
DSCR Loan (10% Down Possible)Debt-Service Coverage Ratio (DSCR) loans are based on the rental income, not your personal income.Some lenders allow 10% down, though 15-20% is more common.6.