
17 February 2025 | 17 replies
The Note/Mortgage for each loan states the dollar amount invested & the % of the total loan by name, for each investor.

18 February 2025 | 7 replies
Do 80/90% of land 100% of construction loans exist?

18 February 2025 | 9 replies
As mentioned above look in the loan docs for reference to 'condition' or 'use'.

18 February 2025 | 2 replies
This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.While the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall loss.

13 February 2025 | 15 replies
You will have to verify those yourselves to ensure you end up with correct operating expenses.Quote from @Andrew Newcomb: Just following up on this in case anyone is still following:I learned about "cap rate" and "cash on cash" metrics in the BP learning articles and watched a couple vids on the BP rental calculator showing how it calcs those metrics for a prop (you have to add the details like loan info, expenses, etc). very cool tool.

18 February 2025 | 3 replies
Biggerpockets has a great podcast but its mainly geared toward investors.

5 March 2025 | 13 replies
You can start by setting competitive rates, offering excellent photos, and tailoring your amenities to what lakeside guests might want (kayaks, fishing gear, etc.).

20 February 2025 | 21 replies
@Dalton Summers $50k min loan amount

25 February 2025 | 29 replies
Negative gearing kills the market for cashflow investors.

16 February 2025 | 4 replies
The big difference is DSCR loans are higher interest rates.