Justin Pumpr
Experiened, but struggling REI - Advice needed
10 February 2025 | 11 replies
It's near impossible to cash flow when most homes are selling for above $750K, Taxes and Insurance added in the PITI payment is higher than the rents.You can buy a Duplex 2 unit for example in either FL, IN, or OH and not pay more than $200K the rents are typically $1200-$1500 a door.
Account Closed
Will a seller financed deal show up on buyers credit or considered on debt to income?
14 January 2025 | 7 replies
Meaning, the bank wants to see that a property cash flows for typically one to two years of tax returns before they count it as income.
Matt Wan
Getting a mortgage as a non-resident US citizen
9 February 2025 | 19 replies
Typically lenders can lend up to 50% of what your gross income is.
Lisa Oliver
Best advice for finding plumbers, handymen
21 January 2025 | 10 replies
Typically it would be the tenants responsibility to provide access.
Polat Caglayan
C class or not how can ı understand
11 January 2025 | 2 replies
@Polat CaglayanI've never seen a formula but here is a general rule of thumb for multifamily:The class of an apartment refers to the quality of the building, which can be determined by a number of factors, including age, location, and condition: Class A: These are the highest quality apartments, typically built within the last 15 years.
Hitanshu Shah
PM has breached contract; legal options for Out of State Investor?
15 January 2025 | 7 replies
I doubt including utility fees in in the PMA.
Zongfu Li
Kiavi is the worst lenders I have been working with
15 January 2025 | 11 replies
Condo's are usually on the cheaper end of cost for appraisal reports, typically not $750 (but if it's a high end condo or in an area with there's some complexity, the fee can reflect that).
LaShon Evans
New Late Start OOS Investor - concerned about assets/need LLC?
7 February 2025 | 14 replies
I typically advise investors to wait until after closing before quitclaiming a property into their LLC.
Sonu Sundar
Dubai real estate investment
27 January 2025 | 35 replies
However, required downpayments were typically 40-50%, and would be difficult without a residency visa.
Kiley Costa
Pay Off STR or Invest in Another Property?
11 January 2025 | 9 replies
My vote is if you are going to continue to buy, you need to utilize leverage.