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19 December 2024 | 3 replies
If you ARE occupying, you'll need to be able to qualify using your income, employment history and DTI.
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18 December 2024 | 5 replies
Review the quality of the tenant base (do they have a history of paying on time, what were the original screening criteria, do they have applications on file).
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10 December 2024 | 4 replies
It's so hard to say generally what problems might come up, but the first that comes to my mind is work history - do you have 6 months on the job and a 2 year work/school history?
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22 December 2024 | 8 replies
Take advantage of it, search old posts (learn from history), and read as much as possible because that's how you get unstuck and out of analysis paralysis.
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31 December 2024 | 20 replies
This organization has a history of creating real, lasting value.
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28 December 2024 | 24 replies
Just be cautious of DTI (debt-to-income) ratios when qualifying for additional loans if you’re relying on projected STR income—most lenders require at least 12 months of rental history.
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28 December 2024 | 11 replies
I agree different city if your talking school district quality that is a huge issue to me.
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23 December 2024 | 17 replies
For that time frame it would not make sense to turn it into a STR as there won't be enough time to establish a history to attract good vacationers.
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17 December 2024 | 9 replies
I am assuming I should only apply for one loan approval since pulling my credit score/history will lower my credit number.
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19 December 2024 | 21 replies
Like Marcy i am investing in areas away from there in the better school districts. good luck.