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27 September 2024 | 8 replies
Can take up to 3 months to go from application to lease.
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27 September 2024 | 8 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).
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27 September 2024 | 18 replies
HI Vincent,Correct DSCR is only applicable towards investment properties and you need to own at least one property in order to look into DSCR.You can always start off by house hacking meaning you live in one UNIT or ROOM and renting out the other vacant units/rooms to offset your monthly mortgage payment.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.
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25 September 2024 | 4 replies
There is barely a voucher holder applicant with a clean background.
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14 October 2024 | 420 replies
In my opinion, all have a general relevance for educational purposes to elevate your status within an industry, and this is applicable to most.
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25 September 2024 | 2 replies
I had a prospective tenant (traveling nurse) last week who was interested in renting the unit starting in mid-August and I sent her the link to the Avail application.
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26 September 2024 | 17 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).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2709879/small_1694646546-avatar-marcusm289.jpg?twic=v1/output=image&v=2)
26 September 2024 | 12 replies
When an applicant is approved, I follow this process:1.
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25 September 2024 | 5 replies
The expenses of the mortgage, property taxes & insurance and HOA (if applicable would have to be at or below the number- in this example, $8,000).
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25 September 2024 | 7 replies
Generally, under Section 504, you must pay for a reasonable accommodation, and you cannot make the applicant or tenant pay for it.