Danielle Ronquillo
Choosing an out of state property
22 July 2024 | 10 replies
Hey Danielle, are you strictly looking at those two markets?
Mariam Jalalzada
Airbnb long term rental
21 July 2024 | 4 replies
Have a strict cancellation policy in place for long terms.
Rene Ochoa
Cash out refinance
20 July 2024 | 6 replies
thank you Hi Rene,It is most common for DSCR lenders to max out cash out leverage at 75% these days with that being said, there are a select few who will go to 80 with very strict guidelines.
John Kim
Converting my Primary into a Rental and managing remotely
19 July 2024 | 6 replies
How often should I come up to do a routine inspection?
Zack Hellman
Out of state investing (Newbie)
21 July 2024 | 15 replies
Norada deals strictly with turnkeys, and turnkeys are typically sold closer to market value.
David Cunha
Range of DSCR rates?
20 July 2024 | 29 replies
As a DSCR specialist, AZ is one of the 5 states that makes it strict for lenders, so less than 20% of DSCR lenders can touch it.Credit will play a factor, but assuming solid credit, 75% LTV at around 7.4% with no buy down.
Jorge Garcia
Beach vacation rental
21 July 2024 | 18 replies
Pinellas County is very strict with STR regulations.
Rhyna Orillaneda
CA, Nevada, or Arizona?
22 July 2024 | 24 replies
Hi Rhyna, I live in Las Vegas and have invested here, and surrounding rural towns in NV and AZ, for the last couple years.The short term market in Las Vegas is very tough, Clark County is pretty strict on Airbnb/STR.
Brian Willie
Re-Selling A House Currently Held Subject To As Subject To
19 July 2024 | 4 replies
This clause is a significant risk because if the lender discovers the transfer, they can call the loan due.Although many lenders do not routinely enforce this clause, especially if payments are current, it is a risk you and the new buyer must understand and accept.Disclosure:Full disclosure to the new buyer is crucial.
Carlo D.
What would happen and possible consequences if I just pulled the trigger?
19 July 2024 | 5 replies
some have strict laws, my guess is some may even have no laws.