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Results (10,000+)
Raj Vardhan Cash out Refi
9 December 2024 | 16 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).
Julian Martinez Biggest & Best House in C- Neighborhood - Sell or Keep as Rental?
7 December 2024 | 4 replies
@Julian Martinez woo, that window wall definitely has a wow factor.
Lena Truong Has anybody invested in American Homeowner Preservation? 12% retu
3 December 2024 | 29 replies
There is a tiny little link under "Account Details" that links to a more informative web page.
Guenevere F. Is $23k Liquid Reasonable to Start Section 8 Investing in OH?
6 December 2024 | 27 replies
Given your experience managing 138 doors, you already have a significant advantage in understanding tenant needs, property maintenance, and financial planning.Key tips:Focus on personal finances: Keep building excellent credit and maintaining healthy reserves.Financing: Explore loan options like conventional, or DSCR loans to maximize your purchasing power.Location: Research neighborhoods with strong Section 8 demand and landlord-friendly regulations.Due diligence: Analyze properties carefully, factoring in rehab costs, property management, and cash flow potential.Your expertise and willingness to learn put you in a strong position—best of luck!
Isadore Nelson Looking for Advice on Buying an Occupied Foreclosure in Brooklyn, NY
9 December 2024 | 15 replies
@Isadore Nelson Yes, eviction is possible, but there are too many factors that need to be taken into consideration, active military family members, disabled veterans, building violations, maintenance issues and etc...
David Rodriguez Medium-Term Rental Vs. Long Term Rental for a 2 bed/2 bath single family home.
10 December 2024 | 16 replies
I think pools also factor in to summer rentals, if you don't have one that will hurt you. 
Maya S. Refinancing a NNN
7 December 2024 | 35 replies
Other factors such as the quality of the tenant, and location will also determine the value you can get.
Julio Gonzalez Streamlining Multiple Real Estate Services
4 December 2024 | 0 replies
There are a multitude of factors that come into play such as the type of property and its location, and the structure of your investment portfolio.
Terrance Jordan What's Your Top Priority When Selling Your Home—Timing, Price, or Something Else?
3 December 2024 | 1 reply
What’s the most important factor for you when deciding how to move forward with selling your home—timing, price, or something else entirely?
Nicholas Dillon What calculation can I use to determine if a cash out refinance is a good idea?
5 December 2024 | 6 replies
The length of time you're carrying debt is a factor to consider.