
16 May 2024 | 7 replies
They can adjust the JADU when comparing to an ADU as well but will factor at a percentage for a detached unit versus an attached unit.

16 May 2024 | 7 replies
Does your refinance include a return of capital at that time?

15 May 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 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

17 May 2024 | 6 replies
It may be turnkey, but when was it built and why isn't the turnkey company providing you with a home inspection, including sewer, with the package?

15 May 2024 | 14 replies
The longer the term, the less of an impact on the rate.I've included an example below to help illustrate this.

17 May 2024 | 34 replies
That will give you the quickest way to figure out whether or not the logistics will work for you as well as quickly expand your network to include realtors, contractors, etc.

16 May 2024 | 2 replies
Seeking guidance on:- Filter Criteria: Key factors for evaluating multifamily properties in Texas?

19 May 2024 | 25 replies
That includes the $114k in depreciation, mortgage interest, repairs, insurance, etc.

17 May 2024 | 11 replies
Particularly be sure to include your goals for real estate investing so that folks can help you. 2) Follow your favorite forum topics and set up keyword alerts!

17 May 2024 | 8 replies
Some DSCR lenders will allow up to 5%, which would include Origination and any rate buy downs.