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1 February 2025 | 7 replies
Most lenders I've worked with will use the lesser of the current rents or market rents reported by the appraiser when calculating your debt service coverage ratio.
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29 January 2025 | 3 replies
Another option that requires more legwork is to call the servicer/ producer of the inverter.
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15 January 2025 | 11 replies
Several factors indicate the company is not that concerned about efficiency or ease of customer process: the website, a process that seemed to focus on one issue at a time instead of all issues at once, and consistently poor communications and lack of common sense from the loan analyst we were assigned.It started off very well with the initial point of contact, Austin Lornson, who did a fine job of explaining the general refinancing process, responding quickly and thoroughly to our questions.
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28 January 2025 | 0 replies
Usebramble out of California seem promising but they are not servicing Washington yet.
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14 February 2025 | 24 replies
Hi Joel in Greenville, North Carolina-You have a rental property held in an LLC and you are looking for a lender who will refinance it.I would look into a Debt Service Coverage Ratio loan or DSCR loan that uses the rents to mostly qualify the refinance and less on you personally.
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19 February 2025 | 15 replies
Many investors set up LLCs themselves using state websites or services like LegalZoom, while others prefer an attorney for added protection and guidance.
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15 January 2025 | 7 replies
Some of your requests may fall outside this manager’s standard practices, and customizing services for each client isn’t practical for most PMs.
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26 January 2025 | 0 replies
Also doing all new plumbing and electric service/panel upgrade to 200amps.
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26 January 2025 | 2 replies
Many ServiceTechs cover this via a service call fee.