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11 February 2025 | 1 reply
That being said, I had to translate a lot of documents on my own for the loan process, so there was more effort involved.
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23 January 2025 | 3 replies
If your loan is $110K then the payment on the 15 year would be $927/month at 6.15%; 30 year option at 6.625% would be $690.
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24 January 2025 | 4 replies
We use a construction loan to build a 4bed 4 bath cabin.
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27 January 2025 | 14 replies
If you’re paying off less than $800/mo on your loan id say sell come April selling season.
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29 January 2025 | 11 replies
Conventional loan, 25% down at ~7% interest rate How did you add value to the deal?
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30 January 2025 | 0 replies
One powerful tool that can help investors secure better loan terms is asset utilization—especially when the DSCR (Debt-Service Coverage Ratio) is under 1.🔹 How It Works:If your rental income falls short of covering your mortgage (PITI), you can use liquid assets to supplement your income.
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10 February 2025 | 3 replies
$190k all-in ($131,250 30 year loan, $43,750 DP and $15k in renovations).
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30 January 2025 | 0 replies
Structuring Financing for Volume-Based InvestingTraditional financing methods like hard money loans work well for single properties but can be less efficient when you're scaling up.
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24 January 2025 | 3 replies
You borrowed $388k and you’ve paid your loan down to $384k with your $30k in payments.
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27 January 2025 | 17 replies
I know how to use the basic features of QBO, as I do my own expense tracking, but my Bookkeeper is needed for the more complex entries (Loans, capital balances, reconciliation, data entry from PM monthly statements.)I spend almost 8k per year in QBO and Bookkeeping costs (Not including my accountant or tax prep.)