Rob Bergeron
DSCR loans are cheaper than a traditional 30 year fixed right now.
14 November 2024 | 11 replies
Lastly, plopping down 5% points for a marginal savings on a monthly payment might not be the most effective use of those funds, maybe being able to buy the next a bit quicker would generate a higher return for the cash.and no, I do not believe we will see rates below 5%, and the fed has never had any control over mortgage rates with the fed funds rate as that is the shortest possible rate overnight borrowing between banks.
Brian Kempler
DSCR refinance loan against a property leased on a lease option
17 November 2024 | 8 replies
However I wouldn't expect this to stop you from getting approved, but it may mean you should consider looking at alternative options or structure the deal in a way where you won't be caught with a net loss due to the PPP.
Austin Gabriel
Lead Sherpa Additional Costs
14 November 2024 | 2 replies
After looking into multiple skip tracing services and deciding on Smarter Contact, my partners and I were upset to find there were quite a few charges after paying $300 for the service; including a $140 fee to remove the "reply STOP to unsubscribe" feature.
Ryan Leake
Navigating STR Loophole Tax Strategy: Success Stories and Cautionary Tales
18 November 2024 | 47 replies
Please stop referring the rules and regs as a loophole.
Roseann Koefoed
Looking to connect with LIHTC experts
14 November 2024 | 1 reply
Can IHDA ever stop me from raising rents to the LIHTC or HUD maximums?
Robert Johnson
Has anyone purchased Kai Andrew's landhacking program and if so was it worth it?
12 November 2024 | 10 replies
From direct ACH, last place I thought of checking.I was suspicious though half way, but couldn't find any proof that I was charged $99 every month in his membership area, nor was there a cancel button, and there was barely any content in that area, so I thought I wasn't charged, further maybe I wasn't even a member, and stopped researching.
Chris Seveney
Why jr. Liens can be problematic when in 1st position
13 November 2024 | 15 replies
So if someone tells you, it does not matter about liens behind you - it does.There’s one more ; the borrower has increased debt service and when it either turns negative or leaves nothing “in their pocket” they may lose interest in the property, decide to stop paying all mortgages, and put whatever income they can into their pocket until they lose the property to foreclosure or one of the lenders obtains a court order prohibiting such.
Kenneth Johnson
Literally any advice to getting started would be appreciated.
18 November 2024 | 12 replies
Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.
Saad D.
Is the 1% rule dead?
22 November 2024 | 92 replies
When politicians stop becoming multi-millionaires via civil service jobs than I will start to give a dang.
Joshua Carvalho
The Rise of Waco, TX as a Prime Market for REI
18 November 2024 | 17 replies
And it doesn't stop there.