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Results (10,000+)
Archie Barrett How lenders typically calculate DTI
24 October 2024 | 16 replies
@Archie BarrettJust wanted to say that there are MANY reasons to consider a DSCR loan vs a conventional loan, not ONLY if you do not qualify for a conventional loan due to DTI.Possible DSCR Benefits:Can do cash out refi prior to 1 year seasoning of the mortgageCan do cash out refi with no seasoning of ownership (with some lenders)Can do a loan with much less paperwork (this comes more into play every time you add a property)Can close on a DSCR loan directly in your LLCCan have your DSCR loan not report on credit (depending on the lender)DSCR loans can be cheaper than conventional loans for many credit scores and down payments.
Philip Levi Fence Upgrade Advice
24 October 2024 | 7 replies
You're absolutely right—the location plays a significant role in determining the best style for a fence.
Nicholas Halterman How do people buy multiple houses a year?
29 October 2024 | 23 replies
It rents for $1950 and is more of an appreciation play because I like the area. 
Jamaal Smith My monthly tax payment increased by a $600
29 October 2024 | 15 replies
I don't know if this is in play for you or not... but it could also help explain the significant jump in taxes if it applies.I would start off with a call the appraiser and discuss the situation.  
Paul Ross Peter Harris Commercial Property Advisors Protege - a Digital Marketers Perspective
1 November 2024 | 9 replies
It takes a lot of time.Do you think a NFL quarterback learns everything over a weekend when they are just getting started, and that is after they had been playing for 8 years at different levels. 
Gavin Gainey 18 year old that is new to real estate.
22 October 2024 | 4 replies
But you won't know until you take that first step.To use a basketball analogy, you're dreaming about playing for the NBA when you haven't even tried to play a pickup game at the Y.
Daniel Kulik Creating A NEW Property Management Software
24 October 2024 | 7 replies
One thing you might want to consider is partnering with microsoft and adding a third party app to their office 365 suite of products as they have an accounting arm and many other applications already in play that you could add on just for property management and it would work on their system to integrate everything.
Benjamin Miller new to real estate and I am here to learn
22 October 2024 | 23 replies
I played professional baseball for 4 years and don't have any experience in the real estate world.
Heidi Kenefick 1031 exchange and depreciation recapture?
28 October 2024 | 34 replies
Taxes won’t come into play until you sell.