
22 May 2024 | 9 replies
I’m new to investing and I’m looking to jump in to the smaller multifamily units with either a 2, 3 or 4 Family plex.

22 May 2024 | 4 replies
Focus is on single family and small multi faimly units.
21 May 2024 | 10 replies
These are wood frame Hovnanian units built in 1986 that are holding up well, but windows are starting to fog, HVAC units are coming due for a second time and the kitchens are beginning to show their age.

21 May 2024 | 4 replies
I believed the unit was freezing when an STR guest would turn the AC on with cool temperatures outside and locked out the thermostat range... which got me to this Feb when my electric bill tripled.

22 May 2024 | 3 replies
There are Multi-family units in my area.

19 May 2024 | 2 replies
Currently under contract to acquire storage units near where I live.

21 May 2024 | 13 replies
Also is you purchase say a duplex and plan to live in one unit you can use the income from the second unit as long as there is a tenant with a 12 month history.

22 May 2024 | 5 replies
This criteria is for 1-4 and 5-8 unit programs.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.

21 May 2024 | 7 replies
Hi, is a condo that I owne, our ceiling is damaged by upstair unit radiator.

21 May 2024 | 3 replies
I am just starting out in a duplex unit near Cleveland Ohio. one of the unit needs work and that got me some trouble getting property insurance.