Gary Hardin
7 units on three city lots
8 December 2024 | 1 reply
Also, I really wanted the units to be up to my standard, but I think I spent more on them making them look better with upgrades, etc, than I needed to.
Seth Roland
Advice on Getting a Lender/Financing
9 December 2024 | 24 replies
And by DSCR loan, I'm thinking standard 30-year DSCR loan.
Nelson Badillo
Housing Choice Voucher Program Inspection
2 December 2024 | 5 replies
Make sure you have smoke and CO detectors in appropriate places, GFCI outlets near water, functioning mechanicals, make sure everything is in good condition and you shouldn't have a problem.
Timothy Franklin
First time funding?
11 December 2024 | 8 replies
Hard money and standard loans (Conv, DSCR) are unlikely to be available for deals under $75k.
Jamie Banks
ALE Solutions Win
15 December 2024 | 38 replies
However, if for example, the company did not install or disconnect the washer and dryer correctly (such as leaving a valve on) while water is turned off prematurely, causing damage, what language do you put in the Lease to also hold other parties accountable such as ALE and appliance install company?
Thomas Lebens
Can a rookie use a DSCR loan for a duplex?
15 December 2024 | 18 replies
If you don't provide the information that's fine, but it would be a transparent answer.There are hard money lenders who underwrite to DSCR standards with their own rules, and commercial loans with use DSCR in various applications.
Corey Goldstein
Satanic Rituals In This House!
15 December 2024 | 19 replies
Im not a lawyer, Id flip that house though. maybe get the priest to come throw some holy water on it.
Jake Baker
Co-Living (rent by the room) BRRRR
11 December 2024 | 10 replies
If you have a good insurance broker, you should be able to use a more standard policy though.
Raj Vardhan
Cash out Refi
9 December 2024 | 16 replies
This is standard practice, but there are exceptions.
Jonathan Cooper
Prorated depreciation for str
11 December 2024 | 16 replies
STR standard depreciation is 39 years @Andy Lanyi@Jonathan Cooper even if you take Bonus Depreciation as @Basit Siddiqi highlighted the remainder 40% will be prorated using the Half-year convention or Mid-quarter convention used in line with what you read in IRS Pub 946