Ricardo Lemus
The rent does not cover all
19 January 2025 | 10 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.
Desiree Rejeili
What To Save for When Buying a Home
9 January 2025 | 0 replies
An article from The Mortgage Reports explains:“The amount you need to put down will depend on a variety of factors, including the loan type and your financial goals.
Eric Coats
Running STR #s for Newbie
29 January 2025 | 20 replies
To estimate expenses, consider setting aside a percentage for management fees, plus costs for cleaning and utilities.
Kathy Creighton-Smith
LoanBidz lending reviews
23 January 2025 | 15 replies
You also implied that we don't specifically price deals for our clients and the client's "rates and fees will be much higher".
Jack B.
What are the risks of DSCR loans?
19 January 2025 | 9 replies
The fees and rate are generally higher on DSCR loans.
Matt Huber
AstroBlaster - anybody use this?
20 January 2025 | 15 replies
That means they have hauled in over $2.6MM just in initial setup fees.
David Sohn
Subto/Seller Finance Deal Question
12 January 2025 | 2 replies
Of course you have to factor in realtor and closing costs on top.
Colleen A Levitt
DSCR out of a DSCR?
9 January 2025 | 15 replies
You will also have to factor in the closing cost for the new loan.
Brandon Vukelich
3-unit STR/MTR $107k NOI on $187k REV
29 January 2025 | 12 replies
Is $107k your true net, or do you have any other expenses (mortgage, taxes, lodging taxes and fees, insurance, utilities, landscaping, WiFi, etc.)?
Mark S.
preREO - First Mortgage Secured by Vacant Property
24 January 2025 | 42 replies
This would typically include legal fees, the receiver's fees and costs, and the repair costs.