
14 May 2024 | 20 replies
The best I know of (and we can do this) is 15% down, but even then in this high interest rate, high tax, high insurance environment it's really hard to get a property to cash-flow positively without putting a lot more down.

15 May 2024 | 11 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

14 May 2024 | 3 replies
After talking with the seller, Furnace needs to be replaced, part of the roof is 3 yrs old/ most of the roof 18yrs old, plus back taxes of around 5,000.

14 May 2024 | 13 replies
it’s a closed system and no clue what’s happening behind the scenes.they have unpaid tax bills on their properties and they have taken loans on top to pay those bills because the property revenues can’t cover those bills for example this one https://www.lofty.ai/property_deal/4318-Clybourne-Ave_Clevel...

13 May 2024 | 10 replies
Still very close to CA but no state income tax, property taxes DO NOT reassess on the sale (4th lowest property taxes in the US), much more landlord friendly, diversified job growth, population growth, and Reno doesn't have as severe of weather in the summer as Vegas.

14 May 2024 | 1 reply
Factor in the cost of property insurance and taxes, as these expenses can impact your cash flow.

14 May 2024 | 7 replies
Option 2: Purchase additional properties and build portfolio I know that there are some tax implications to no having the mortgage payment to consider.

15 May 2024 | 9 replies
If I was in financial distress and losing my home through foreclosure or tax delinquency, I would not want to deal with an enthusiastic newcomer trying to make money on my misfortune.

13 May 2024 | 2 replies
I also provided several cashiers checks totaling $4000, which the agent claimed were for good faith but have not been returned.

15 May 2024 | 35 replies
We have a property we very much want to buy where the low utility/property tax bills would allow us to be able to thrive living in with our limited income, so we are hoping to sell immediately.