
29 January 2025 | 68 replies
Other parks our size have about the same rent but have water included or basic cable, have rec centers or nice playground / pools, have multiple works on site.

2 January 2025 | 8 replies
It will familiarize you with the basic terminology and benefits.

3 January 2025 | 0 replies
There is a filtration (basic ) in thee garage that came with the house when I purchased, but the filter gets rusty in about 5 days.

6 January 2025 | 1 reply
This is a fairly basic question that any seller should be willing to answer even before you sign a sales contract.

4 January 2025 | 9 replies
Instead I will tell you that it can be done and you just need to have a quick call to go over the basics and be able to answer several questions.If you wanted to buy an investment property that would be even easier and there are a few programs you could use for this as well.

17 January 2025 | 19 replies
I wont go into all the specifics of my strategy, but basically I am buying a 450k+ home for 25-30k out of pocket and my partner puts in 330k from the SBLOC.

19 February 2025 | 88 replies
For example I can gut a basic bathroom paying $3800 labor and I buy materials.

4 January 2025 | 2 replies
Real estate is not the stock market and it's called buy & hold and not buy & sell for a reason.I did sell a few properties about 10 years ago when I learned the hard way that going into cheaper neighborhoods was not the right strategy for me, so that was basically a strategy correction and it was necessary, but also costly both in terms of dollars and time.

2 January 2025 | 4 replies
But if they only use 50kwh, they still owe $12- They’re basically setting up an annuity for the solar company.

27 December 2024 | 15 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 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).