
11 April 2024 | 10 replies
Keep in mind they will use 75% of the monthly rental amount to offset the mortgage payment (i.e. the fair market rent is $2000/mo, the lender will be able to use $1500/mo as income to offset whatever your mortgage payment comes out to).DSCR options are great if you CANT qualify for Conventional loans.

12 April 2024 | 5 replies
They got it fully leased up and everything has been running smoothly with $2k net income after expenses and mortgage per mo. on a property I put $180k into (rehab + down payment), so I'm very happy with the resolution.

11 April 2024 | 31 replies
According to Core Logic (a reliable source), Ohio has the 4th lowest percentage of investor RE.

11 April 2024 | 8 replies
I know they can be financed just like a stick built construction loan, however, my credit union is not doing construction loans right now and does not have a time frame for when they will (SECU).I want to use the land as down payment if possible and finance the modular and the site prep for it.Looking at getting a new modular duplex or a SFH.
11 April 2024 | 11 replies
For example if you borrow 300k at 9.99 with IO payments, your monthly payment would be 2497.50.

11 April 2024 | 7 replies
This not only gives you a range of potential costs but also helps you gauge the reliability and reputation of different contractors.Real Estate Network: Tap into your local real estate investor network.

11 April 2024 | 15 replies
I currently have a tenant in a home I am managing, I have been using Avail and as of recent I don't like the platform, I have noticed that my tenant like to edit the payment after the due date and that makes the collection date longer (Avail takes a whole week or more to get the rent in).

11 April 2024 | 9 replies
Our monthly rental payment from the tenant was almost exactly the same amount as our monthly mortgage payment plus we did about 10k of repairs plus depreciation.

11 April 2024 | 10 replies
Any advice on how should I proceed to get my 50% down payment back?

11 April 2024 | 6 replies
The tenant then stopped payment on the security deposit.Should I contact AMHA first to inform them about the situation?