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11 January 2025 | 15 replies
You can also search Google and read reviews.
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31 January 2025 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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12 January 2025 | 28 replies
I have been able to review or been told of several audits (from other REI tax colleagues) related to cost segs in the last year or so- and of those none of DIY cost segs were allowed under audit.
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22 January 2025 | 3 replies
There's a post right above mine from a lender... there's always a lender offering $$$ even when people can't afford it.
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21 January 2025 | 10 replies
I also like to check reviews on platforms like Yelp, Google, or even Angi (formerly Angie’s List).
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9 January 2025 | 46 replies
We review the text 4 times before shipping.
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31 January 2025 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/484271/small_1694643107-avatar-davidf94.jpg?twic=v1/output=image&v=2)
24 January 2025 | 9 replies
Many lenders also impose additional requirements such as owner-occupancy, and/or that one lender make all of the institutional loans in the building.- Valuation: The variety of financing products available as individual tenant in common loans remains limited, and the terms are generally less favorable than either apartment building loans or condominium loans.
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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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28 January 2025 | 14 replies
Very good resource for getting set up with STR property managers, cleaning services, realtors, lenders, etc. https://www.getchalet.com/