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Results (10,000+)
Jorge Vazquez My take on NAR Proposal
2 April 2024 | 1 reply
Including buyer agent commissions in financing deals is crucial for keeping the dream of homeownership alive, especially for first-timers.
Chad Garcia Saturday Check-In / Check-Out Strategies
2 April 2024 | 7 replies
My thought was to block Saturday check-in/check out up until a few days before that date, allowing me to capitalize on bookings that may include the Saturday.
Lisa Thoele Setting up a tiny house community like a mobile home park?
1 April 2024 | 59 replies
"Tiny homes" is actually a classification that includes 6 different types of dwellings.
Roger West Ground up financing NJ
2 April 2024 | 7 replies
These loans take more time, require more docs etc. 20% down requirement (you are closing one time for the construction -- includes land -- and the permanent loan).You could expect rates in the 11-15% range for HML/PML.
Christine Romero McCoy Rental Property Insurance
31 March 2024 | 0 replies
Want to make sure we have good coverage and not missing any hidden red flags since we are out of state investors.
Sam Peterson Is BRRRR effective in the Houston area?
2 April 2024 | 10 replies
Instead of just including that, I offered to rent it for an additional $200 per month.
Bob Crane STR near Lake Delavan - Anyone Have Experience?
2 April 2024 | 6 replies
They also require annual licensing so be sure to include that in your operating costs. 
David Shelby Can my LLC act as a management company for my own properties?
1 April 2024 | 10 replies
Red flag to IRS if you try to deduct the taxes and insurance on the LLC tax return.
Nate Sanow Average Net Cash Flow ? (Per door)
1 April 2024 | 98 replies
Or included.
Thor Klein Refinance Qualification Questions
2 April 2024 | 9 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.