
8 November 2024 | 22 replies
Finance 101 states debt is only used when it can create larger returns than the interest cost associated with that debt.

1 November 2024 | 10 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).

2 November 2024 | 15 replies
If I were you, I’d check out local Real Estate Investment Associations or groups like DMV REIA, which may host regular meetups.

1 November 2024 | 8 replies
A great way to start is by attending RE events and joining a local investors association.

12 November 2024 | 171 replies
Full transparency...I am biased as my dad and brother are wealth managers and provide advise on DSTs.You want to work with a RIA that can help you understand how DSTs fits into your overall financial picture and not someone that's just looking to make a commission off of you (aka Broker-Dealer).Both BDs and RIAs are going to able to offer access to the same DSTs, but there are several conflicts of interest associated with the BD sales model....

30 October 2024 | 1 reply
@Arnold Finkelstein You may want to check with your local manufactured housing association.
1 November 2024 | 11 replies
As far as occupancy, HUD has a Keating memo on reasonable space, our local apt association suggested for some guidance on how many could reasonably fit in a space (not just looking at bedrooms).
1 November 2024 | 11 replies
Since you're based in Frisco and looking for meetups in Collin County, Id recommend checking out Texas REIAs... the largest real estate investment association in Texas.

30 October 2024 | 11 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).

31 October 2024 | 7 replies
Join your local Real Estate Investors Association (REIA).