
20 September 2024 | 17 replies
After doing a lot of refinancing, I now have substantial liquid capital and am looking to start investing outside of Canada.I recently spoke to a fellow Canadian investor who suggested investing in the A and B+ areas of Ohio for cash flow.

19 September 2024 | 13 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).

20 September 2024 | 2 replies
Walk thru that exercise to determine you location and market strength. 83 units is a nice size to get started if you plan to Scale.

20 September 2024 | 1 reply
Hello everyone,My name is TarUWay and i've always wanted to do real estate and now I'm taking real action in order to do so.I just graduated from University and I am looking to get started with a House Hack using FHA financing in the Atlanta Metro area.

20 September 2024 | 0 replies
Hello I have a question as to how can I find investors for real estate deals and projects, are there investors interested in community development, I have many questions and even a business partner in texas looking for community oriented investors, what's a good place to start and grow from there thank you all for your time and advice now and in advance

20 September 2024 | 3 replies
I want to help my son get off to a great start but I am also concerned what cosigning will do to my debt to ratio and I have been circling real estate investing for the last few years, ready to take a shot now.

20 September 2024 | 17 replies
At least if the workers who complete the work are licensed you can avoid this headache if caught because they can obtain the permits and complete the work they started.

20 September 2024 | 2 replies
@John Herold I would start by talking to the mobile home dealerships in your area.

21 September 2024 | 13 replies
If you have underwritten the market and community that is a great start.

20 September 2024 | 9 replies
@James Walker I would start with planning and zoning, assuming you've done that part and/or feel likely you can get it approved, then I would pay for a feasibility study from a neutral 3rd party.