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3 February 2025 | 31 replies
Also available on all your favorite places to listen and buy music online 😅  JD you've gotta use your Moderator powers and talk to the BP leadership about creating an award for most wrestling gifs posted in the forums.
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16 January 2025 | 12 replies
I don't like the returns but we use regular savings accounts.Â
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31 January 2025 | 20 replies
Quote from @Christopher Johnson: @Scott Trench - FALSE - DECEPTIVE POST - It's sad people resort to this online bullying, invasion of privacy, attacking our staff, and clearly attempts to blackmail us for $.Â
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28 January 2025 | 0 replies
Has anyone saved money and closed with one of these new upstarts?
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4 February 2025 | 7 replies
Some Attorneys will provide you with the written step by step process on eviction and you can file all the paper work yourself ( this will save you some money) or you can have the Attorney do everything.Â
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29 January 2025 | 2 replies
Avoiding errors and being educated on the laws can save time, money, and potential legal challenges.
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27 January 2025 | 5 replies
Have you had it evaluated by a Realtor, or are you relying on Zillow or other online algorithms to estimate your property's value?
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19 February 2025 | 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).
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10 February 2025 | 24 replies
Thank you for saving me from some unnecessary headaches.On that note, can anyone recommend/endorse a reputable educator with experience in wholesaling?
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19 February 2025 | 2 replies
But I’ll save you the click.