
15 May 2024 | 7 replies
They usually pull your credit but lend based on the income potential of the property.

15 May 2024 | 5 replies
As an individual landlord, especially one managing remotely, it might be challenging to secure similar terms.Payment Trust: Vendors may also be hesitant to extend credit or prioritize someone they are unfamiliar with, particularly when the owner is based internationally and payment assurances are less certain.Real-Time Issues: Handling urgent maintenance or unexpected issues can be cumbersome without a local presence.

15 May 2024 | 11 replies
Good deals are based on market conditions, rents, skills, time, and your capital investments among other factors.

14 May 2024 | 10 replies
Not to mention, inability to refinance out all of your initial capital is not merely LTV based.

14 May 2024 | 17 replies
I find their competitive set tool which finds comparable buildings based on actual data, quite helpful too in terms of vetting deals and providing proof of concept.

14 May 2024 | 20 replies
Hello,I'm based in California and looking to dive into the real estate market in the Cleveland and Akron areas.

14 May 2024 | 4 replies
Free attorneys from tenant-support groups are very effective in finding ways to block and delay.PS: for anyone interested in supporting our landlord legislative efforts please join the Rental Property Association of Wisconsin RPAWI.org which is a Milwaukee-based non-profit.Cashflow in Milwaukee is still possible at current interest rates, but you have to be careful to not "buy cashflow" with a huge capex liability that comes with old buildings!

14 May 2024 | 18 replies
Since the loan is based on the entire portfolio, they can prevent you from selling a property to satisfy the default.

15 May 2024 | 9 replies
(Quoted about 8.5% rate on a DSCR loan, and budgeting 10% of rents for capex, 9% for PM, and 5% each for vacancy and maintenance) After-rehab rents would be about 1350-1500 based on comps.

15 May 2024 | 16 replies
If you do not qualify for a HELOC or a traditional cash out, You may look into doing a DSCR based second mortgage or 1st.