Richard Billingsley
Taking the leap
6 January 2025 | 4 replies
But your subject line is pretty generic, try something that is more descriptive like a newspaper headline, you will see some good responses.
Jack B.
What are the risks of DSCR loans?
19 January 2025 | 9 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.
Sean Doyle
Best Section 8 Markets
9 January 2025 | 30 replies
What I do see is that a strong screening process improves your chances of getting a responsible resident.
Don Konipol
The Most DANGEROUS Real Estate Investments for the “Amateur” Investor
1 February 2025 | 56 replies
Utilizing a wrap he has a mortgage note as an asset to offset the mortgage he’s still responsible for on the property.
Rebecca Gona
New to STR -Excited but scared- need to learn!
25 January 2025 | 12 replies
You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.
Jaron Jackson
How to get rent payment from previous owner?
10 January 2025 | 8 replies
If the seller isn't responsive, then do like the idea of telling the tenant you tried, and see if they can get some free legal assistance from a tenant resource center.It is a good reminder as closing approaches to ask the seller to keep tenants updated on the pending sale and when ownership is scheduled to change.
Joel Oh
Anyone owns OMG category?
13 January 2025 | 12 replies
Looking forward to the responses on this!
Joe Sullivan
My Horrible Experience with Ron LeGrand's Financial Freedom
2 February 2025 | 22 replies
Though if an individual were paying for her or himself, I’d say go with the home-study version for a fraction of the costs of the live seminar….
Jeremy Beland
The Crazy Title Issue That Almost Ruined Our Deal – But We Got Creative!
13 January 2025 | 0 replies
Her immediate response was, “What do I get out of this?”
Denise Carringer
Owner financing payment tracking app?
21 January 2025 | 18 replies
Some others have had communication problems, but I've always been able to get a same-day response.