
1 March 2024 | 13 replies
Additionally, my area has an abundance of 4-family properties in those in-between areas where a would-be house hacker can benefit from the four rental income streams (instead of just two if they bought a duplex) in order to help stay within the DTI requirements.

29 February 2024 | 0 replies
Additionally, a washer and dryer are provided for your convenience.ABOUT SOUTHLAKE:Southlake is known for its exemplary schools, luxurious homes, and well-maintained neighborhoods.

29 February 2024 | 9 replies
Keep in mind that any traditional lender will have rules and limits for how much the seller can finance in addition to their own loan, so unfortunately it's not possible to combine the two for 100% financing or anything close.John

29 February 2024 | 8 replies
This could be through finding ways to increase the rent on your existing properties, taking on additional work, or finding other income streams.Reducing your current debt levels can also improve your DTI ratio.Improve Your Credit Score.Look into various financial institutions, including community banks, credit unions, and online lenders, which may have different criteria or offer programs for investors.Since portfolio lenders retain their loans in their own portfolios rather than selling them on the secondary market, they are able to provide greater flexibility.

1 March 2024 | 28 replies
But in addition to my comment above: yes if the focus is more on a "buy and hold approach" where you are looking for cash flow and assuming you have gotten some super amazing loan product where you can actually obtain some each month...

29 February 2024 | 1 reply
Check for any encumbrances or liens on the property: Before finalizing the purchase, make sure to conduct a thorough title search to ensure that there are no encumbrances or liens on the property that could affect your ownership rights.While you can start with a California Real Estate Purchase Agreement template, it's important to remember that each transaction is unique, and you may need to include additional provisions or negotiate specific terms with the seller.

29 February 2024 | 8 replies
If this time goes over, please send pictures of additional messes, call the property manager etc.

1 March 2024 | 34 replies
Appreciation means rent appreciation in addition to the value of the property.

29 February 2024 | 6 replies
It was sufficient for its purpose but will not provide me with any additional equity with the bank down the road to be used as leverage for the future.

29 February 2024 | 0 replies
They specialize in quick and fast loans that will come with credit card like interest rates.Here are some additional tips for securing the best mortgage rate for your investment property:Build a strong credit profileSave for a larger down paymentShop around for lendersConsider different loan typesDemonstrate a stable IncomeChoose the right propertyBuild a relationship with the lenderBe prepared with documentationConsider interest rate buydownsMonitor interest rates