
23 November 2024 | 15 replies
FHA vs Conventional will largely come down to your credit score, downpayment, use, income/DTI, and future plans.

27 November 2024 | 16 replies
Down payment, closing costs, boosting credit score, etc. 2) Find rockstar team members that will be your boots on the ground to help you find a great property to invest in.3) If you're considering your house hack ROI.

22 November 2024 | 5 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

18 November 2024 | 16 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

2 December 2024 | 34 replies
I think you could make a case that they are at times but at the end of the day the distressed home sellers have not been good stewards of their properties and therefore sell at a discountI lived in Mexico doing missionary work for a while so I learned Spanish and the culture.They hate debt and so never develop credit scores.

22 November 2024 | 28 replies
Rates have been coming down the last couple weeks and it's possible to get rates in the 6s for DSCR loans depending on the LTV (loan to value) and borrower credit score.

23 November 2024 | 38 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

21 November 2024 | 20 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

20 November 2024 | 9 replies
There are DSCR programs that go down to a 620 mortgage FICO score-higher credit scores will have better rates.