
3 October 2024 | 23 replies
often doesn't know what they're doing.

3 October 2024 | 14 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 October 2024 | 3 replies
He knows a ton about the area @April Davis
2 October 2024 | 28 replies
Giving them liquor when you don't know the situation is not good.

3 October 2024 | 0 replies
Rates are coming down in a few months, and buyers know it (, ).- Refinancing is starting back up again.

24 September 2024 | 4 replies
The tax benefits of bonus depreciation can lead to massive savings but losses won’t help one bit if you can’t use them.Before you buy a cost seg, you need to know the rules:Tax all starts with the types of income.1.

2 October 2024 | 4 replies
I think they are confused as to what management is, but it's better they let you know than just hand you bills that you didn't know about.
2 October 2024 | 10 replies
I was planning to buy my 4th property soon, but depending on how this goes it may have to wait.For the LTRs: does anyone know if FEMA or other governmental agencies help tenants with rent payments in an area with emergency declaration?

1 October 2024 | 11 replies
One of the most important is knowing when to stand firm and not let a buyer dictate the terms of your deal—especially when you know you have a good one on your hands.

2 October 2024 | 4 replies
Do you know of any formal education OR do you provide mentorship for parking lot investment?