Aaron Raffaelli
DSCR Loan for a first time REI
19 January 2025 | 18 replies
The primary requirement is that the expected rent would cover the mortgage on the home - and that expected rent is typically determined by a combination of the appraiser and some service like airdna (a site which determines fair market rent).
Chris Seveney
What is the Best Way to Grow as a Private Lender
13 January 2025 | 15 replies
Hired part time admin assistant and 1/4 time services of book keeping professional.
Richard Bautista
Too good to be true to have connected with a real estate agent who has a whole team?
8 January 2025 | 29 replies
We offer many of the same services as this agent, but we have no problem with investors flying to Detroit to check things out - we actually prefer it!
Michael Pons
Requirements for RV/Boat storage on a city lot
31 December 2024 | 3 replies
Zoning says that it is a repair service shop, excluding automobiles, any idea if leasing out storage space would be permitted?
Colleen A Levitt
DSCR out of a DSCR?
9 January 2025 | 15 replies
If the ARV has risen to $260k and you’re renting it out for $2900/month, you can likely qualify for a higher loan amount.Here are some key points to consider:Loan-to-Value (LTV): A typical DSCR refinance will allow you to borrow up to 75-80% of the property’s ARV, so for a $260k property, you might qualify for a loan of $195k to $208k, which could help pull out most or all of your original investment.Debt Service Coverage Ratio (DSCR): Since you're renting for $2900/month, the loan payment will need to be covered comfortably by that rent.
Preethi S.
Difficult Property Management company
3 January 2025 | 8 replies
Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.
Kevin Collins
REI Nation Experience
31 December 2024 | 32 replies
The customer service/property management hasn't been as proactive as I thought it would be.
Jonathan Abrado
Pace Morby Gator Method Course Review
25 January 2025 | 155 replies
Never had a pure wholesaler approach me for this service ..
Desiree Rejeili
Home Staging FAQ: What You Need To Know
2 January 2025 | 0 replies
Basic staging with an agent usually means they give you insight into how you should:Declutter and depersonalize by removing photos and personal itemsArrange your furniture to improve the room’s flow and make it feel biggerAdd plants, move art, or re-arrange other accessoriesFull-service staging is another option if your house needs more hands-on attention.
Alec Barnes
How Do You Ensure Quality Tenants?
9 January 2025 | 12 replies
I suggest using a service like Mayistay.