
30 April 2024 | 12 replies
Target rent is 2200, my expenses will be around 2050, so cash flow of 150 (not including vacancy).

29 April 2024 | 3 replies
DSCR is great for Self-employed borrowers or business owners who write off a lof of debts and show little income.
29 April 2024 | 248 replies
Why do syndicators take on debt?

30 April 2024 | 5 replies
Do you just include all utilities in monthly rent since it’s coming from one breaker and water account?

2 May 2024 | 29 replies
Unfortunately, upon doing some initial research (including on biggerpockets and reading Brandon's book on real estate investing), its not always feasible to invest where we reside - do you alternatives in mind?

1 May 2024 | 7 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.

29 April 2024 | 5 replies
Or minimize your mortgage risk by buying one property for cash or little debt.

30 April 2024 | 8 replies
This would include your agent, property manager, and contractor.

29 April 2024 | 113 replies
Invest in Debt by Jimmy Napierdisclosure - Jimmy Napier was a good friend of mine and we partnered on a number of deals.

29 April 2024 | 168 replies
The ad also contains a brief property description that may include the address but often does not.