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29 February 2024 | 8 replies
This could be through finding ways to increase the rent on your existing properties, taking on additional work, or finding other income streams.Reducing your current debt levels can also improve your DTI ratio.Improve Your Credit Score.Look into various financial institutions, including community banks, credit unions, and online lenders, which may have different criteria or offer programs for investors.Since portfolio lenders retain their loans in their own portfolios rather than selling them on the secondary market, they are able to provide greater flexibility.
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29 February 2024 | 12 replies
If this is in the wrong section, apologize in advance Hey mate,Some quick tips to look for when evaluating a turnkey provider:1) Do they have in-house property management?
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29 February 2024 | 3 replies
I'm seeking a supportive community for tips and advice as I navigate homeownership and landlording for the first time.
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2 March 2024 | 25 replies
House #1 is rented out - tenant met all the requirements (income 3x the rent, over 600+ credit score, no evictions) when the PM screened rental applicants.
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29 February 2024 | 17 replies
If I get the cancelled dates rebooked, then I refund half and offer a standing credit of the other half for whenever they book in the future!
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29 February 2024 | 10 replies
@Tristan Bennett, DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.Here's a bit more in detail about how rates are calculated for DSCR loans: 1.
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28 February 2024 | 12 replies
If anyone has opportunities, tips, or ways to help me get started, that would be great!
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29 February 2024 | 12 replies
Your credit, LTV, DSCR all have direct effect on the rates final outcome
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29 February 2024 | 9 replies
. # things to look at when applying for a mortgage are credit, assets and income.
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29 February 2024 | 8 replies
Being self-employed can make securing commercial loans more complex as lenders typically prefer borrowers with stable income and strong credit history.