
22 April 2024 | 22 replies
Do a detailed financial analysis, including how much you'll need to invest initially, how much renovations will cost, what it'll cost to furnish the place, and what ongoing expenses you'll have.

21 April 2024 | 5 replies
You should only proceed with appropriate protection in place, which includes a significant down payment of 10% or more, a solid mortgage, and an attorney prepared to help you with the foreclosure process.I don't see any benefit to your buyers, but if they are willing to pay you 10% for 20 years, then go for it!

21 April 2024 | 12 replies
So increasing borrowing rate is like having a trigger but if you don’t put any bullets in the gun (reducing money supply), you are not going to get farI have used this analogy in the past but getting inflation down to 2% is like someone who gained 50 pounds quickly and wants to lose it.

20 April 2024 | 100 replies
Including asking specific questions about the video.2.
20 April 2024 | 6 replies
ROI is overall "return on investment" and includes appreciation, paydown, etc.

20 April 2024 | 0 replies
nice setting, 100% included in new FEMA 100yr flood plain.

21 April 2024 | 25 replies
Reasons include too long to close and terrible experiences with NACA inspectors.

20 April 2024 | 33 replies
(I think almost everyone on the forums here falls into this group, including me)* Property managers who need to manage many units for many landlords.

19 April 2024 | 8 replies
Wanted me to pay for all their supposed expenses by reducing the rent.

21 April 2024 | 12 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.