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30 January 2025 | 0 replies
Lenders may count eligible assets as additional qualifying income by dividing eligible assets by 60.🔹 Example in Action:Rental income: $9,000PITI: $9,500 → DSCR <1 (not qualifying)Using $63,000 in assets → Adds $1,045 in incomeNew DSCR >1 → Higher LTV (80% instead of 75%)🔹 Why This Matters:✅ Helps investors qualify for better financing✅ Increases borrowing power and flexibility✅ Allows you to scale your portfolio fasterUnderstanding financing tools like this can be a game-changer for investors looking to maximize opportunities.
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4 February 2025 | 7 replies
The only reason he did it was because it led to additional work.
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28 January 2025 | 3 replies
Should I just save that additional tuition money and put that towards my first investment?Â
21 January 2025 | 7 replies
As a realtor, investor, and owner of a construction company in College Station, Texas, I understand the importance of having trustworthy and efficient workers.
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12 February 2025 | 17 replies
Removing it cost us an additional $5k over our estimate. Â
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6 February 2025 | 11 replies
Additionally, I know the Waivo product for STR covers intentional and accidental damages.
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18 January 2025 | 19 replies
I'm sure it's a little more efficient in larger cities, but my market requires up to 60 days to get approval.Lower your expectations with Section 8 tenants.
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30 January 2025 | 2 replies
Those are some of the unique things we offer in addition to helping each investor build a strategic investment plan & roadmap to achieve your specific goals.
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10 February 2025 | 7 replies
It will take time.3) Property management companies, chamber of commerce meetings, local commercial RE brokers, etc are all additional options to network and find people who do deals.
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28 January 2025 | 9 replies
If you own a 2-flat with an additional non-conforming garden unit (basement) being rented, and you're considering a cash-out refinance, how will the lender evaluate the rental income?