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1 May 2024 | 7 replies
The additional advantage to a DSCR loan is that they do not impact your DTI and you can keep them inside of an entity to help provide an additional layer of liability coverage if you would likeEntities would also allow you to be flexible in your ownership structure, if you need to add someone like a credit partner to help get better terms.Just shot you a DM, would love to see how we can help.
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2 May 2024 | 20 replies
Pre fabs seem like a great idea as well when they’re allowed.
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30 April 2024 | 21 replies
I'm allowed to carry up to 7 DLBA properties now I believe.
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2 May 2024 | 7 replies
It's not a major renovation but the current condition of the property isn't going to allow it to go VA/FHA.
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2 May 2024 | 7 replies
Third, courts will only allow "reasonable" late fees.
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2 May 2024 | 2 replies
Here are a few ways technology is revolutionizing the real estate sector:Virtual Reality (VR) and Augmented Reality (AR): VR and AR technologies allow potential buyers to tour properties remotely, providing a realistic sense of the space without the need for physical visits.Blockchain and Real Estate Transactions: Blockchain technology offers a secure, transparent way to conduct real estate transactions, reducing fraud and speeding up the process.Property Management Software: Modern property management solutions automate many aspects of property management, from tenant screening to rent collection, making it easier and more efficient to manage rental properties.Embracing Sustainability in Real EstateSustainability is no longer just a buzzword; it's a critical consideration for the real estate sector.
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2 May 2024 | 18 replies
Not only does it allow you to market your properties, but also screens applications and receive rent payments.
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3 May 2024 | 17 replies
Plus there are costs for refinancing that might not allow you to do it. certainly an option to look in to.Good luck, hope this helps!
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2 May 2024 | 2 replies
Do you know if Cleveland Heights code will allow for a bedroom in basement with an egress added?
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2 May 2024 | 10 replies
I did a pretty conclusive poll of about 14 lenders of all sorts and each and every one wouldn't allow larger loans for operating STRs.