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Results (10,000+)
Deano Vulcano Investment house loan in company name
22 February 2024 | 14 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.
Richard Chae New house has tile throughout
21 February 2024 | 14 replies
. :-)Lots of folks use tile in their homes Including my primary and rentals.
Jane Mipsey Amount of mortgage "responsible for" for property with joint tenancy with partner
20 February 2024 | 2 replies
If not, you will have to include an explanation as well. 
Jerryll Noorden 6-figure wholesale fees explained.
20 February 2024 | 2 replies
I always include facts proof and data, but it always lands on deaf ears. 
Ilyas Karzai First time - out of state investor - looking for multi family
21 February 2024 | 14 replies
Wise investors are putting systems in place (including property managers and other service providers) so that these risks are mitigated without investor being involved.
Wes Glass Tenant sneaks in pitbull as ESA after signing a lease for a no animal property!
21 February 2024 | 23 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
James NA “ DEALS” that absolutely are not deals for the investor buyer
21 February 2024 | 27 replies
And will have ..a GREAT FORUM…that has the typical…” Deals Available” section.PLAN ABut… the deals REQUIRE … a) the seller post the deal and …b) Include ….
Nick Hulme Seeking Creative Title Strategy Advice
20 February 2024 | 9 replies
Sister's rent amount, term (date of refinance), mortgage payment responsibility, insurance responsibility, utilities responsibility, tenant selection responsibility (since this will be a multifamily property), property management responsibilities including repairs, maintenance...2.
Robert-Lee Pass Offer sent last night .. But i noticed this stuff... Do I Kill the Deal?
23 February 2024 | 35 replies
Economic vacancy includes anything missing from the gross potential rent, including both actual vacant periods and unpaid rent in occupied units.
Alexis Galligan Renovating A Duplex with Very Little Cash - How to Finance or To Wait?
21 February 2024 | 6 replies
Plans need to include how to fund things and to have flexibility to deal some unknowns or uncontrollable things such as a tenant leaving or not paying. 1.